Talk:Deferred compensation

From Wikipedia, the free encyclopedia

This article is within the scope of WikiProject Taxation, an effort to create, expand, organize, and improve tax-related articles to a feature-quality standard.
Assessment ratings and other indicators given below are used by the Project in prioritizing and managing its workload.
Stub This article has been rated as Stub-Class on the Project's quality scale.
Mid This article has been rated as Mid-priority on the Project's priority scale.
After rating the article, please provide a short summary on the article's comments page to explain your ratings and/or identify the strengths and weaknesses.

[edit] Assumptions

I probably can't disagree with the wording more. There is a chronic misconception that presumes a lower future tax bracket (or at least lower tax liability). The only benefit seen will be IF the assumption is true, which is very often isn't. As example, take a person with a large mortgage interest deduction and 2 dependent children. To get a possible sense of tax liability change, take your latest available tax return and recompute it without the child dependents or mortgage interest (presumes goal of having house paid off in retirement). The impact on tax liability is obvious.--Billymac00 (talk) 20:24, 1 February 2008 (UTC)