Amit decides to defer 20% of his $340,000 salary from Maroon,Inc.,under a nonqualified deferred compensation plan for 10 years.Maroon,Inc.,has a marginal tax rate of 34% and can earn approximately 7% after-tax return over the next 10 years.Compute any tax ramifications.

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The Answer of Amit decides to defer 20% of his $340,000 salary from Maroon,Inc.,under a nonqualified deferred compensation plan for 10 years.Maroon,Inc.,has a marginal tax rate of 34% and can earn approximately 7% after-tax return over the next 10 years.Compute any tax ramifications.

Amit Decides to Defer 20% of His $340,000 Salary from Maroon,Inc.,under