Tax Advantages

Tax advantages

Deferring part of your income with the DCP Plan offers clear advantages for saving on current taxes.

 Without DCP With DCP
Eligible pay$150,000$150,000
Deferral amount$0$25,000
Tax bill*$52,500$43,750
Tax savings$0$8,750
* Assumes you’re an unmarried individual paying 35% in federal income taxes on your annual compensation ($150,000). The income tax rate is based on the 2018 income tax brackets issued by the IRS.