Contents of the Manage Deferred Compensation Plans Screen
Use the fields and options to configure the Manage Deferred Compensation Plans screen.
Contents
| Field | Description |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| Plan Tax Information | Select this link to open the Plan Tax Information subtask for the current record. |