Siemens Deferred Compensation Elections for Former Employees of Mentor Graphics: 4 Steps to Consider
Cordant Wealth Partners
JANUARY 28, 2021
Siemens offers eligible employees a 409(a) Nonqualified Deferred Compensation Plan (DCP) which provides those employees with a fairly straightforward opportunity: willingly forgo income today for a tax benefit. Benefits of the Siemens DCP include tax benefits and the benefit of a company match. Tax Benefits.
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