Which of the following is not a benefit of nonqualified deferred compensation plans?
A) Nonqualified plans may discriminate in favor of highly compensated executives.
B) There is no limit on the amount of nonqualified deferred compensation that can be provided to an employee.
C) Nonqualified deferred compensation plans are less risky for participating employees than qualified retirement plans.
D) Employers do not have to expend cash to fund a nonqualified plan.
Correct Answer:
Verified
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