What Does Cash or Deferred Arrangements Mean?

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What does Cash or Deferred Arrangements mean? Read on to discover the definition & meaning of the term Cash or Deferred Arrangements - to help you better understand the language used in insurance policies.

Cash or Deferred Arrangements

Cash or Deferred Arrangements

A qualified employer retirement plan under which employees can defer amounts of their salaries into a retirement plan. These amounts are not included in the employee's gross income and so are tax deferred. Also called 401(k) plans.

We hope the you have a better understanding of the meaning of Cash or Deferred Arrangements.

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