What is a deferred composition?
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Last modified 9/22/2020 11:39:24 AM EST |
Added by ExpressTaxExempt Team
The deferred composition is a process in which a portion of the income an employee earns is withheld and paid to the employee in a later stage after the employee receives the actual income. This composition is usually paid out in the form of pensions, retirement plans, and employee stock options.