For a president of a publicly held corporation hired in 2018, which of the following are not subject to the $1 million limit on executive compensation?
A) Contribution to medical insurance plan.
B) Contribution to pension plan.
C) Premiums on group term life insurance of $50,000.
D) Only b. and c. are not subject to the limit.
E) a., b., and c., are not subject to the limit.

Question

Quizplus · Accepted Answer

Contributions to medical insurance plans, pension plans, and premiums on group term life insurance are typically not considered part of the $1 million limit on executive compensation, as they are generally classified as employee benefits rather than direct compensation.

For a President of a Publicly Held Corporation Hired in 2018