MLchartDataset catalogue

Deferred compensation

Term · Law · MLC-T-LAW-001535

An arrangement in which an employee or executive agrees to receive a portion of their salary or bonus at a later date, typically upon retirement or termination of employment. This strategy can offer tax advantages by delaying income recognition. Common forms include pensions, 401(k) plans, and non-qualified deferred compensation plans.

Table 1. Record
IdentifierMLC-T-LAW-001535
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001535",
  "term": "Deferred compensation",
  "field": "Law",
  "definition": "An arrangement in which an employee or executive agrees to receive a portion of their salary or bonus at a later date, typically upon retirement or termination of employment. This strategy can offer tax advantages by delaying income recognition. Common forms include pensions, 401(k) plans, and non-qualified deferred compensation plans.",
  "url": "https://mlchart.com/terminology/law/deferred-compensation/"
}

Record 1,402 of 5,445 in Law terminology (MLC-0107). Request the full dataset.