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For Love Or Money: Look At Nonqualified Deferred Compensation With Eyes Wide Open

You will know if your employer truly loves you when you are offered nonqualified deferred compensation (NQDC). You can defer receiving this income until a time you elect up front, such as retirement, or for a specific number of years into the future to achieve other financial goals. However, key decisions fall on you, the recipient, that must be made on time if you wish to avoid a Trojan horse full of adverse tax surprises.

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