The___________ is an unfunded plan maintained primarily for the purpose of providing deferred compensation for a select
Question:
The___________ is an unfunded plan maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees.
A. Employment agreement.
B. Executive bonus plan.
C. Secular trust.
D. Top-hat plan.
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The correct answer is D Tophat plan Explanation A tophat plan is a type of unfunded ...View the full answer
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Related Book For 
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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