The XXXXX Nonqualified Deferred Compensation Plan is a nonqualified plan under federal tax law and IRS regulations. It allows eligible employees to save for the future, above and beyond the limits in place for their 401(k) plan. This is important because many executives and leaders can defer only a smaller portion of their income due to the IRS limits imposed on their qualified benefits.
to save for the future, above and beyond the limits in place
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is offered exclusively to a select group of
-HenryLi-
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11/21/2024 postreply
11:08:15