Deferred Compensation Plans are designed to provide financial security for executives and high-net-worth individuals.
These plans offer tax-deferred growth and flexible withdrawal options, making them an attractive option for those seeking to supplement their retirement income.
Some key features of deferred compensation plans include tax-deferred growth, flexible withdrawal options, and guaranteed income for a set period.
Deferred compensation plans are typically used by business owners, executives, and professionals seeking to create a sustainable income stream in retirement.
By understanding the benefits and nuances of deferred compensation plans, individuals can make informed decisions about their financial future.
Explore the world of deferred compensation plans and discover how they can help you achieve your long-term financial goals.