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How Does Microsoft Compensation Work?

Cordant Wealth Partners

These contributions are credited to your Microsoft Deferred Compensation account on 9/15 for the prior period. The money is distributed per a pre-elected distribution schedule, typically either a set number of years (e.g., 10 years, 15 years, etc.), at retirement or upon leaving the company.

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Microsoft Compensation and Benefits Guide for 2021

Cordant Wealth Partners

And while these benefits can be quite valuable, in most cases, they do require a fair amount of time, planning, and intentionality to take advantage of them and incorporate them into your overall financial strategy. These contributions are credited to your Microsoft Deferred Compensation account on 9/15 for the prior period.