### Question
Can you define what employer deferred compensation plan means?


### Answer
**Employer deferred compensation plan** is defined as the following in *26 U.S.C. § 3405*:

> any pension, annuity, profit-sharing, or stock bonus plan or other plan deferring the receipt of compensation

#### Citation:
  - *26 U.S.C. § 3405*
  - Heading: **Subtitle C-Employment Taxes > CHAPTER 24-COLLECTION OF INCOME TAX AT SOURCE ON WAGES**

