Deferred compensation refers to money received in one year for work performed in a previous year — often many years earlier. Typically, you receive deferred compensation after retiring or leaving employment. Although tax-advantaged retirement plans such
(GCC: A few months ago, today’s guest post author reached out with the desire to share knowledge about a unique option to accelerate early retirement. Thanks to a deferred compensation plan, this post was written between retirement activities in a sunny zero income tax State. Maybe this is ...