金融百科  > 所属分类  >  Retirement-退休   
[0] 评论[0] 编辑

Non-Qualified Plan

Any type of tax-deferred, employer-sponsored retirement plan that falls outside of employee retirement income security act (ERISA) guidelines. Non-qualified plans are designed to meet specialized retirement needs for key executives and other select employees. These plans also are exempt from the discriminatory and top-heavy testing that qualified plans are subject to.

There are four major types of non-qualified plans:

1) Deferred compensation plans
2) Executive bonus plans
3) Group carve-out plans
4) Split-dollar life insurance plans

The contributions made to these plans are usually nondeductible to the employer, and are usually taxable to the employee as well. However, they allow employees to defer taxes until retirement, when they are presumably in a lower tax bracket. Non-qualified plans are often used to provide specialized forms of compensation to key executives or employees in lieu of making them partners or part owners in the company or corporation.



附件列表


0

词条内容仅供参考,如果您需要解决具体问题
(尤其在法律、医学等领域),建议您咨询相关领域专业人士。

如果您认为本词条还有待完善,请 编辑

上一篇 Non-Qualified Deferred Compensation - NQDC    下一篇 Non-Qualifying Investment

相关标签

热门标签