As an MLS athlete, there's a good chance your highest expense is your tax bill - and you may not even realize it!

By participating in a deferred compensation plan, you can defer a percentage of your highly taxed salary into your post-playing career, deferring taxes on that money until it's paid out - likely at a lower tax rate.

Your deferred compensation can be invested tax-free , like a 401(k) plan, generating compounded investment earnings while you are still playing.