High-Income Earners: Should You Use a Deferred Compensation Plan?

Illustration of a physician with financial icons representing deferred compensation and tax planning strategies

If you’re a high-income professional—particularly a physician—you may be looking for ways to reduce your tax burden while building long-term wealth. One overlooked tool that can help is the deferred compensation plan. But is it the right move for you? Let’s explore how these plans work, how they benefit high earners like doctors and executives,…

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