Friday, October 24, 2008

Forbes Advises Financial Execs on Deferring

Think twice before deferring, and get your money out if you can.

"No. 1: Carefully consider whether to defer any of your 2009 compensation.

No. 2: If you can, elect to accelerate the distribution of your prior years' deferred compensation."

Article notes that WaMu executives used IRS Transition Relief to withdraw deferred compensation prior to meltdown. Form 8-K.

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