I am about to join Google and have 50k signon bonus and know that Google has a benefit DCP (Deferred Compensation Plan) which allows putting bonus on pretax basis. Can I quickly set up the plan in the first month and put the signon bonus to it? Thanks.
What is the DCP?
In my description
But you pay tax at some point? Any place where one can read more about it? My question was more how it works rather than what it was.