Phone Number For Ohio Deferred Comp In Bexar
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State:
Multi-State
County:
Bexar
Control #:
US-00418BG
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Word;
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Description
Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
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Participants with questions should contact the Service Center at 877.644. Forms and Help. Forms. Help.If you have questions, contact Ohio Deferred Compensation. Get the help you need​​ Call to talk to our Service Center if you need help updating your personal information. Now is the time to GET STARTED. Your pension and your Ohio Deferred Compensation account are here to provide you with retirement income when you stop working. For further information, the employee should contact our Service Center at and press 3 to speak with an Account Executive. Employees hear about deferred comp when they are hired and then given information about how to contact a deferred compensation representative.