is deferred compensation a good idea 
nobody turns down a bonus and that s what deferred compensation typically is a rare exception might be if an employee feels that the salary offer for a job is inadequate and merely looks sweeter when the deferred compensation is added in in particular a younger employee might be unimpressed with a bonus that won t be paid until decades down the road in any case the downside is that deferred compensation cannot be accessed for years normally until the employee retires for most employees saving for retirement via a company s 401 k is most appropriate however high income employees may want to defer a greater amount of their income for retirement than the limits imposed by a 401 k or ira 