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Quotes of the day:
Truth may be stretched, but cannot be broken, and always gets above falsehood, as oil does above water.
Non-Qualified Deferred Compensation is compensation that has been earned by an employee, but not yet received from their employer. Because the ownership of the compensation – which may be monetary or otherwise – has not been transferred to the employee, it is not yet part of the employee’s earned income and is not counted as taxable income.
How Non Qualified Deferred Compensation Plans Work
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