google bot detected Deferred Contribution Plan | Insurance Glossary |

Deferred Contribution Plan

Definition of "Deferred contribution plan"

Forest Home Team
  Keller Williams Realty

Arrangement in which an unused deduction (credit carryover) to a profit sharing plan can be added to an employer's future contribution on a tax deductible basis. It occurs when the employer's contribution to a profit sharing plan is less than the annual 15% of employee compensation allowed by the Federal Tax Code.

Related Real Estate Glossary terms

Related Real Estate FAQ