Search Elements:
- Taxonomy
- us-gaap
- Name
- DeferredCompensationArrangementsOverallDescription
- Label
- Deferred Compensation Arrangements, Overall, Description
- Period Type
- duration
- Type
- xbrli:stringItemType
- Definition
- General description of deferred compensation arrangements. Deferred compensation represents currently earned compensation that, under the terms of a profit-sharing, rabbi trust, pension, employee contract, or equity-based (including stock or unit option) plan, is not actually paid until a later date and is therefore not taxable until that date. May also include some split-dollar life insurance arrangements. This type of arrangement is usually made to help employees postpone paying taxes on the income and also to retain employees longer.
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