Easily Hide Dropdown List from the Deferred Compensation Plan

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How to Hide Dropdown List from the Deferred Compensation Plan

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to fill in this schedule we can select names from a drop-down list of employees where everybody is listed to make the job easier well create a short list that doesnt include the used names and all it will take is one cell with a formula this is deborah dalglich from contextures.com the formula that were going to build uses new functions that are in excel 365 sort and filter if youre using an earlier version of excel follow this link to my website and youll find instructions that dont use sort and filter before we change this drop down well take a quick look at how its set up now and how it works if i select one of the data validation cells and go to the data tab data validation i can see that its based on a named range imp list full so thats our list with all the employee names when i click the arrow i can see all the names and even if a name has been selected before its still in the list and i could accidentally select that again and that could cause problems heres our ful

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Should I stop contributing to my deferred compensation plan?

Even if you think youre wealthy enough to forego contributing to a money purchase plan or deferred compensation plan for a while, you could end up seriously shortchanging your retirement savings potential by reducing your balance or elective salary deferrals.

What is the maximum salary deferral?

The limit on employee elective deferrals (for traditional and safe harbor plans) is: $22,500 in 2023 ($20,500 in 2022, $19,500 in 2021 and 2020; and $19,000 in 2019), subject to cost-of-living adjustments.

How much should I contribute to my 401k?

Most retirement experts recommend you contribute 10% to 15% of your income toward your 401(k) each year. The most you can contribute in 2023 is $22,500 or $30,000 if you are 50 or older (thats an extra $7,500). Consider working with a financial advisor to determine a contribution rate.

How much should I put into deferred compensation?

Your Contributions One easy way to increase your retirement savings is to contribute a percentage of your income to your Deferred Compensation Plan (DCP) account. Consider saving between 7% and 10% of your salary.

What is the best percentage for deferred comp?

One easy way to increase your retirement savings is to contribute a percentage of your income to your Deferred Compensation Plan (DCP) account. Consider saving between 7% and 10% of your salary.

What is the difference between a 401k and a 403b?

The main difference between a 403(b) and 401(k) is the type of employer who offers them. 401(k) plans are offered by private, for-profit companies. 403(b) plans, on the other hand, are offered by tax-exempt and nonprofit organizations.

What is the difference between a 401k and a deferred comp plan?

A 401k plan has certain limitations on the amount that an individual can contribute each year. A deferred compensation plan, on the other hand, has no maximum contribution limit in any given year.

How do I avoid taxes on deferred compensation?

Receiving your deferred compensation in installments over several years can reduce your tax bill, because the smaller installment payments will typically be taxed at a lower rate than a larger lump-sum payment will be.

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Hide Dropdown List from the Deferred Compensation Plan