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Phil Currie on Hitting the Home Run in Deferred Compensation

Phil Currie on Hitting the Home Run in Deferred Compensation

Author Phil Currie
Date August 2, 2022
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How small and mid-sized companies can reward and retain key employees using deferred compensation.

Senior Vice President OneDigital Retirement, Phil Currie, Jr., recently published a highly informative article titled, “Hitting the Home Run in Deferred Compensation: How Small and Mid-Sized Companies Can Reward Key Employees.”

In the article, Phil examined aspects of the deferred compensation agreements of three professional athletes: Major League Baseball’s Bobby Bonilla and Ken Griffey Jr., and the National Basketball Association’s Kevin Garnett. As Phil explains in the article, “The deferred compensation agreements between many professional athletes and the teams they represent make the news because the players are fan favorites, and people are captivated by the hefty payouts involved. But deferred compensation agreements exist throughout the business world as an effective strategy to attract, reward and retain top leaders and talented workers.”

We encourage you to read the full article, available on the Fresh Thinking Blog. You can also contact Phil or any other member of our team directly to learn how organizations, including many smaller companies, can use the flexibility and customization of deferred compensation to compete for and retain the key talent they need for success.

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This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. Any tax advice contained herein is of a general nature. You should seek specific advice from your tax professional before pursuing any idea contemplated herein.

Securities offered through Lion Street Financial, LLC (LSF) and Valmark Securities, Inc. (VSI), each a member of FINRA and SIPC. Investment advisory services offered through Lion Street Advisors, LLC (LSA) and Valmark Advisers, Inc. (VAI), each an SEC registered investment advisor. Please refer to your investment advisory agreement and the Form ADV disclosures provided to you for more information. VAI/VSI and LSF/LSA are non-affiliated entities and separate entities from OneDigital.

Unless otherwise noted, VAI/VSI, LSF/LSA are not affiliated, associated, authorized, endorsed by, or in any way officially connected with any other company, agency or government agency identified or referenced in this document.

Lion Street Advisors // Lion Street Financial

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