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Deferred compensation

Deferred compensation

A deferred compensation plan sets aside a portion of an employee’s compensation so it can be paid at a later date. Employees may choose to enter into a deferred compensation plan to set aside money for retirement plans via a Saver’s Tax Credit, to receive other tax benefits, or to stay on top of the markets while following investment advice from a financial advisor.

Ascentis’ powerful talent management software can help you manage all your compensation planning needs.

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