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Other Ways to Supplement Your Retirement Income
Income Deferral Programs
Some employers allow certain employees, typically executives, to defer receipt of a portion of their annual income. An election is made, prior to earning the income, to have the receipt of the income deferred. This deferral reduces current income taxes and also could enable the individual to enjoy tax-deferred investment growth on the amount deferred. Share Article:
Investment and insurance products and services are offered through Osaic Institutions,Inc. Member FINRA / SIPC. Osaic and Friend Bank are not affiliated. Products and services made available through Osaic are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.  |