Are You in the Healthcare Field?

Find Out How We Can Help »
[et_social_follow icon_style="slide" icon_shape="rectangle" icons_location="top" col_number="1" outer_color="dark"]
Millions Recovered For Our Clients No Fees Unless We Win
Sidney L. Gold Associates P.C. Employment Lawyers

Deferred Compensation

Philadelphia compensation lawyers at Sidney L. Gold & Associates formulate and negotiate deferred compensation plans in employment agreements and separation agreements to ensure that their clients deferred compensation is available to them according to the terms of the plan.  Deferred compensation refers to non-taxed, interest-bearing income earned by an employee that is put into a separate account and distributed as income in the future.  The deferred compensation program is available in two forms; qualified and non-qualified plans.  Qualified plans include 401(k) plans and IRAs that are regulated by the Employee Retirement Income Security Act of 1974 (ERISA).  Non-qualified deferred compensation plans are regulated by the Internal Revenue Code, 409A.

Employees in qualified deferred compensation plans cannot access this money until they reach the age of retirement.  Doing so before retirement age results in hefty financial penalties for the worker.  We arbitrate and litigate disputes that may arise in the future if the employer is non-compliant with the terms set forth in the agreement.

For more information on deferred compensation, contact the Philadelphia employment law firm of Sidney L. Gold & Associates at 215-569-1999, or complete our online contact form.

Sidney L. Gold SuperLawyer 16 years
Top Rated Lawyers Legal Leaders
ASLA 2019 badge
ATA Lifetime
BBB Rating
Best Lawyers Award Badge
Best Lawyers Award Badge
Institute Visionary Circle Badge
Best Employment lawyers in Philadelphia
2019 American Trail Lawyers badge
Lead Counsel Rated
life time achievement
million dollar advocates badge
AV Peer Review Rated
Philly Happening
Top one badge
Silver Client Champion Award 2020
super lawyers badge
Bar Register 2021
Bar Register 2021 Seal
Elite Lawyer Badge
NAOATTY 2021 Distinguished Member Badge
MH Preeminent
Sid Gold Judicial Edition 2022
Sid Gold 2022-Bar Register Preeminent Lawyers
Sid Gold Client Champion 2022

As Seen On

avvo lawyers.com Martindale Justia FindLaw
© 2022 Sidney L. Gold and Associates, P.C. All rights reserved. [ Site Map | Privacy Policy ]

Attorney Advertising Materials. Sidney L. Gold is responsible for the content of this website. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Website Accessibility: Sidney L. Gold & Associates P.C. is committed to ensuring digital accessibility for people with disabilities. We are continually working to improve the accessibility of all content on our website and applying the relevant accessibility standards.

* The awards and accolades displayed on this website were issued to the attorneys, or the entire law firm by the respective providers of these honors. They are as follows, Avvo Inc., Super Lawyers®, Martindale Hubbell Peer Review Rated, ASLA Top 100 Lawyers, Million Dollar Advocates Forum, Legal Leaders Top Rated Lawyers, Bar Register Preeminent Lawyer, Happening List Winner, BBB Accredited Business, National Association of Distinguished Counsel Top 1 Percent, America's Top 100 Attorneys, The Employee Rights Advocacy Institute for law and policy, Best Lawyers, Lead Counsel Rated, Top Employment Lawyers in Philadelphia, Association of American Trial Lawyers Top 100 and Martindale Hubbell Client Champion Silver. No aspect of these advertisements have been approved by the Supreme Court of New Jersey.