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Random Term
Payroll deduction

In the context of nonqualified deferred compensation (NQDC), this is a voluntary payroll deduction made for the NQDC plan. Other company benefits that require payroll deductions include 401(k) plans, medical-insurance premiums, and perhaps life insurance or employee stock purchase plans. For details on NQDC enrollment, see the related articles and FAQs on this website.



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