Deferred compensation
Deferred compensation
Deferred compensation is the portion of an employee's income that's set aside for use at some future date. Most commonly, the deferred compensation is funneled into a retirement account or pension plan. Income tax on these funds is usually postponed until the money is accessed by the employee.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
|
| 5/1 ARM | 3.69 |
Rates may contain points