<prompt> Human: I started at a new company a few months ago which offers a pension, 401k, and I was just informed I am eligible for a deferred compensation plan also. I am enrolled automatically in the pension plan; they invest 3 of salary which vests after 3 years of employment. The 401k match is 3. I am currently contributing 10 of salary. I dont have any details on this specific deferred compensation plan.I am approximately 25-30 years from retirement. I am generally unable to contribute to an IRA because my taxable income is too high. I dont really understand the proscons deferred compensation versus other options including 401k beyond the match of my company, equities stocks, mutual funds, ETFs, etc, traditional savings accounts currently paying nothing, etc. My question is should I take some of my 401k contribution beyond the company match and put it in deferred compensation?  <response>: I dont have any details on this specific deferred compensation plan.That makes it impossible to answer your question. You need to get details for any meaningful input. 