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:
Add to GooglePlus
Investment products are:
  • Not a deposit
  • Not FDIC Insured
  • Not Insured by any federal government agency
  • Not guaranteed by the bank
  • May go down in value

Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Infinex and the bank are not affiliated. Products and services made available through Infinex 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.