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Microsoft Deferred Compensation Plan (DCP): Enrollment Guide

Cordant Wealth Partners

Every November, the Microsoft Deferred Compensation Plan (DCP) opens for enrollment and salary deferral elections for the upcoming year. And every year, we hear similar questions from those eligible to allocate money into a deferred compensation plan. Second, what’s the magnitude of the tax benefit from deferring income?

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3 Risk Reduction Strategies for Deferred Compensation Plans

Cordant Wealth Partners

In this post, we cover three ways you can reduce the risk you have in your deferred compensation plan (DCP) for those that have a substantial portion of their net worth tied up in deferred compensation. 409(a) Nonqualified Deferred Compensation plans present a fantastic way to defer taxes and build net worth.

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Microsoft Deferred Compensation Plan (DCP): 2022 Enrollment Guide

Cordant Wealth Partners

[Editor’s note: Information contained in this post is based off information for the 2021 DCP enrollment period. In this article, we cover what you need to know about the Microsoft Deferred Compensation Plan (DCP) for the upcoming enrollment period. Second, what’s the magnitude of the tax benefit from deferring income?

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Intel SERPLUS: 2022 Open Enrollment Guide

Cordant Wealth Partners

[Editor’s note: Information contained in this post is current based on the 2022 guide for Intel SERPLUS open enrollment.]. What’s the risk of the Intel SERPLUS plan? Second, what’s the magnitude of the tax benefit from deferring income? Intel SERPLUS Contribution Scenario and Tax Calculator (excel download).

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Retirement Planning: What Will Work Best for You?

Your Richest Life

There are traditional and Roth 401(k)s, both differentiated by their tax benefits. Traditional 401(k) – Employee contributions reduce taxable income, but withdrawals in retirement are taxed. Like a 401(k), a 403(b) plan lets employees put some of their salary into an account, and it’s generally not taxed until it’s distributed.

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Siemens Deferred Compensation Elections for Former Employees of Mentor Graphics: 4 Steps to Consider

Cordant Wealth Partners

Employees of what was formerly Mentor Graphics, now Siemens, may find that they are eligible for Siemens’ Deferred Compensation Plan (DCP) and wonder if they should defer their salary and/or bonus into the plan. The Benefits of Deferred Compensation. The Risks of Deferred Compensation Plans. Tax Benefits.

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Intel SERPLUS Elections 2020: 4 Steps to Consider Given the Recent Company Uncertainty

Cordant Wealth Partners

409(a) Nonqualified Deferred Compensation Plans present one of these opportunities. You willingly forgo income today with the faith that your company will survive many years into the future to make good on this liability to you—all for a tax benefit that tips the odds in your favor. The Benefits of Deferred Compensation Plans.