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President and Chief Executive Officer. Signed and accepted by the Group Contract holder apart from Group Annuity Contract Number. 98955-01 on. '3 LCD 0.
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What is deferred compensation program?
Deferred compensation program is an arrangement in which a portion of an employee's income is withheld and paid out at a later date, usually upon retirement or termination of employment.
Who is required to file deferred compensation program?
Employees who participate in a deferred compensation program are required to file it.
How to fill out deferred compensation program?
Employees can fill out a deferred compensation program by completing the necessary forms provided by their employer.
What is the purpose of deferred compensation program?
The purpose of a deferred compensation program is to allow employees to set aside a portion of their income for future use, such as retirement.
What information must be reported on deferred compensation program?
The information that must be reported on a deferred compensation program includes the amount of income deferred, the distribution options, and any investment choices.
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