Which of the following is true concerning employer funding of nonqualified deferred compensation plans?
A) Employers are required to invest salary deferred by employees in investments specified by the employees.
B) Employers are required to annually fund their deferred compensation obligations to employees.
C) Employers annually deduct the amount earned by employees under the plan.
D) Employers may discriminate in terms of who they allow to participate in the plan.See discussion of nonqualified deferred compensation plans in the text.
Correct Answer:
Verified
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