How Do Deferred Compensation Plans Work?

How Do Deferred Compensation Plans Work?

A Deferred Compensation Plan (DCP) is an exclusive benefit that certain employers provide for their highly compensated employees. The plan is similar to your 401(k) as it allows you to contribute and invest dollars on a pre-tax basis, reducing taxable income in the year you contribute. You elect how much of your compens...
How Does Compensation Work at Amazon?

How Does Compensation Work at Amazon?

This article has been updated for 2022. In February 2022, Amazon increased their maximum base salary from $160,000 to $350,000. We created this video to help you understand how you get paid at Amazon. If you just started at ...