Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Deferred Profit Sharing Plan (DPSP)

A portion of company profits allocated by an employer to an employee's trust. Contributions on behalf of each employee are expressed as a percentage of salary. If the profit sharing plan is a qualified plan according to the IRS, employer contributions are tax deductible as a business expense.

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Deferred Premium Arrangement

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Deficit Reduction Act of 1984 (DEFRA)

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