Monday, March 23, 2009

 

Deferred-compensation plans have risks

...Deferred compensation at for-profit companies has also reached somewhat lower into organizations in recent years, though it is still typically for executives, and some advisers are cautioning clients to steer clear. As in the non-profit world, many of these plans come with the stipulation that the money is at risk in the event of a corporate bankruptcy.

"We're recommending clients not participate" in deferred-compensation programs, said David Yeske, founding principal of Yeske Buie, a financial planning firm in Vienna, Va., and San Francisco.

"You really can't take anything for granted today," Yeske said...

Fox4KC: Deferred-compensation plans have risks

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