Contents of the Manage Deferred Compensation Plans Screen
Use the fields and options to configure the Manage Deferred Compensation Plans screen.
Contents
Field | Description |
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Deferred Compensation Plan |
Enter an alphanumeric code to uniquely identify this deferred compensation plan. In the unlabeled field to the right, enter a description to associate with this deferred compensation plan. |
Details
Field | Description |
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Financial Institution |
Select the appropriate financial institution for this plan. This is the third-party administrator for your plan. |
Administrator Plan Code |
Enter the plan code assigned by the third-party plan administrator. |
Plan Based on Regular Wages Only |
Select this check box to indicate that the plan is based on regular wages only. Regular wages refer to wage base that excludes overtime wages. |
Subtasks
Subtask | Description |
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Plan Tax Information | Select this link to open the Plan Tax Information subtask for the current record. |
Parent Topic: Manage Deferred Compensation Plans