Deferred Compensation Form For Small Business Owners In Hillsborough
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FAQ
Throughout the year, Google provides its employees and executives with updates about their benefits ranging from health insurance and health savings plans to retirement plans like a 401(k), deferred compensation plans, and stock options.
Enter the amount that you received as a pension or annuity from a nonqualified deferred compensation plan or a nongovernmental 457 plan. This may be shown in box 11 of Form W-2. If you received such an amount but box 11 is blank, contact your employer or the payer for the amount received. (Emphasis supplied.)
Sole proprietorships, partnerships and limited liability companies may also receive benefits from such a plan. Although owners of these organizations won't enjoy the tax benefits of deferred compensation, the organizations can use these plans to attract and retain non-owner executives.
To enroll, your employer must participate in the CalPERS 457 Plan. Visit the CalPERS 457 Plan Participating Agencies webpage to access a list of agencies and schools that offer our plan.
