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RSA-1 ADC 07/11 AUTHORIZATION TO DEFER COMPENSATION RSA-1 DEFERRED COMPENSATION PLAN Retirement Systems of Alabama P. O. Box 302150 ? Montgomery, AL 36130-2150 334-517-7000 or 877-517-0020 www.rsa-al.gov
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Authorization to defer compensation is a legal document that allows an employee to postpone receiving a portion of their earned income until a later date.
Employees who wish to postpone receiving a portion of their income are required to file authorization to defer compensation.
Authorization to defer compensation can typically be filled out by employees through their employer's HR department or online portal.
The purpose of authorization to defer compensation is to provide employees with flexibility in managing their income and taxes by allowing them to delay receiving a portion of their pay.
Authorization to defer compensation typically requires information such as the amount to be deferred, the timing of the deferral, and any investment options for the deferred amount.
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