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Institution: ___ Division/School/Department: ___ NOTE: This form should be used to submit SARA and ERA positions with a salary budget of $70,000 or greater that require BOG reporting and consultation
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01
Gather all necessary information such as employer information, compensation details, and payment schedule.
02
Fill out the required forms provided by your employer, making sure to provide accurate information.
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Consult with a financial advisor if needed to ensure you understand the implications of non-salary and deferred compensation.
04
Submit the completed forms to your employer within the specified deadline.

Who needs non-salary ampamp deferred compensation?

01
Employees who are looking to diversify their compensation beyond salary.
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Individuals who want to save for retirement or other financial goals through deferred compensation plans.
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Executives and higher-level employees who may receive non-salary compensation as part of their compensation package.
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Non-salary and deferred compensation refers to income that an individual earns from sources other than their regular salary, such as bonuses, stock options, and retirement savings.
Individuals who have received non-salary and deferred compensation during the tax year are required to report this income on their tax return.
To fill out non-salary and deferred compensation on your tax return, you will need to gather all relevant income documents, such as W-2s, 1099s, and other forms provided by your employer or financial institution.
The purpose of non-salary and deferred compensation is to provide individuals with additional income and retirement savings options beyond their regular salary.
Individuals must report the amount of non-salary and deferred compensation they received during the tax year, as well as any associated taxes withheld.
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