Time is an important resource that every company treasures and attempts to convert in a gain. When choosing document management software program, take note of a clutterless and user-friendly interface that empowers customers. DocHub delivers cutting-edge instruments to maximize your file managing and transforms your PDF editing into a matter of one click. Insert Surname Field to the Deferred Compensation Plan with DocHub in order to save a lot of efforts and enhance your efficiency.
Make PDF editing an simple and easy intuitive process that helps save you plenty of valuable time. Easily modify your documents and give them for signing without the need of looking at third-party options. Concentrate on pertinent tasks and improve your file managing with DocHub starting today.
Hi, this is Greg Maxwell with Amicus Settlement Planners. Today, I want to talk a little bit about the differences between a 401(k) plan, for example, and a deferred compensation plan for contingency fee attorneys. A lot of times, attorneys will call us and say, Why dont I just max out my 401(k) plan? Why would I want to set up a deferred compensation plan instead of using a 401(k) plan? First of all, I think its probably smart to have both. Theres no reason why you cant max out your 401(k) plan and also contribute to a deferred compensation plan. Some of the differences: a 401(k) plan, as you know, has certain limitations on the amount that you can contribute each year, and theyre fairly low. If youre looking to defer more than the 401(k) plans allow, then thats a good reason to also contribute to a deferred compensation plan. The other thing with 401(k) plans or any qualified plan is that they have certain limitations on when you can start receiving payments. You cant start
