OCU,
I thought you'd find this of interest. clo
Deferred Pay Plans Let Executives Avoid 401(k) Caps
By Margaret Collins - Jun 29, 2011 10:30 AM ET
Executives with deferred compensation plans have until tomorrow to set aside part of their bonuses and save as much as 9 percent in future taxes.
In addition to the tax break, the plans let highly paid employees circumvent the $22,000 cap on contributions to 401(k) savings plans facing lower-paid workers.
for complete article:
http://www.bloomberg.com/news/2011-06-29/deferred-compensation-lets-executives-avoid-401-k-saving-caps.html
DO SOMETHING!
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