Making Deferral News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Monday, December 21, 2020 One important reminder from the COVID-19 pandemic in 2020 is that, in the words of one scientist, “It is difficult to make predictions, especially about the future.”  While that proverb has broader implications, it certainly describes deferred compensation in 2021.  Midyear Deferral Elections for Bonuses Many employers who maintain nonqualified deferred compensation plans have allowed their employees to wait to make deferral elections for their bonuses and other incentive compensation until the middle of the year.  This is allowed under an exception ...

To embed, copy and paste the code into your website or blog: One important reminder from the COVID-19 pandemic in 2020 is that, in the words of one scientist, “It is difficult to make predictions, especially about the future.”  While that proverb has broader implications, it certainly describes deferred compensation in 2021.  Midyear Deferral Elections for Bonuses Many employers who maintain nonqualified deferred compensation plans have allowed their employees to wait to make deferral elections for their bonuses and other incentive compensation until the middle of the year.  This is al...