This paper provides a general overview of the income tax considerations relevant to various "non-registered" income deferral plans. The deferral of employment income is of interest to many highly paid employees. Under a properly structured income deferral plan, the employee’s liability for tax is deferred until the income is actually received by him or her. Tax deferral can ultimately result in tax savings.

This article was presented at the Ontario Bar Association 2002 Institute for Continuing Legal Education "Compensation Planning for Valued Employees: Tax Highlights and Hazards."

type Income Deferral for Employees: An Overview of Non-RegisteredPlans