28 Sep Imagine that you are an employer trying to decide whether to sponsor a qualified retirement plan or a nonqualified deferred compensation plan for your employees
Imagine that you are an employer trying to decide whether to sponsor a qualified retirement plan or a nonqualified deferred compensation plan for your employees.
What are the tax and nontax consequences of each plan?
Based on what you know about the different plans, what would be your justification for selecting the one you choose?
