Deferred Income
Over the year of employers have established the following types of compensation components to help workers accumulate capital & meet future financial objective:
1. Social Security
2. Qualified Retirement Plan
- Pension plan
- Profit-sharing plan
- Stock bonus plan
3. Supplemental & Executive
Group Life Insurance Plans
4. Supplemental Executive
Retirement Plans (SERPs)
5. Simplified Employee Pension Plans (SEPPs)
6. Stock Grant
7. Stock Option Plan
8. Stock Purchase Plan