Louisiana Deferred Comp Form 2023 In Middlesex
Category:
State:
Multi-State
County:
Middlesex
Control #:
US-00418BG
Format:
Word;
Rich Text
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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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Use black or blue Ink when completing this form. • Select: REGISTER.Louisiana Public Employees Deferred Comp. Plan. 9822801. Use black or blue ink when completing this form. If you wish to enroll in Deferred Compensation you have 30 days from your date of hire to enroll retroactive to your original date. Governmental Funds: B-1 Balance Sheet. 38. 2 Statement of Revenues, Expenditures and Changes in Fund alances. 39.