Which of the following is accurate advice for a client who is considering a nonqualified deferred compensation plan? A) Contributions are deductible by the employer only when taxable to the employee. B) The plan cannot discriminate in favor of any class of employees. C) The plan cannot be fully funded by the employer. D) Contributions are deductible by the employer when they are made..

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
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Chapter13: Comparative Forms Of Doing Business
Section: Chapter Questions
Problem 11DQ
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Which of the following is accurate advice for a client who is considering a nonqualified deferred compensation plan? A) Contributions are deductible by the employer only when taxable to the employee. B) The plan cannot discriminate in favor of any class of employees. C) The plan cannot be fully funded by the employer. D) Contributions are deductible by the employer when they are made.. 

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