Question: Why are nonqualified deferred compensation plans particularly well - suited for use in executive compensation arrangements? Nonqualified deferred compensation plans are particularly well - suited

Why are nonqualified deferred compensation plans particularly well

-

suited for use in executive compensation arrangements?

Nonqualified deferred compensation plans are particularly well

-

suited for use in executive compensation arrangements because

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they are not subject to the same restrictions which are imposed upon qualified plans such as the nondiscrimination and vesting rules.

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they are not subject to the same restrictions which are imposed upon qualified plans such as the nondiscrimination and vesting rules and, unlike a qualified plans, the employer may deduct amounts that are set aside for employees.

.

they receive the same tax benefits that are available under qualified plans and they have no vesting rules.

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they receive the same tax benefits that are available under qualified plans and they are not subject to any restrictions.

Why are nonqualified deferred compensation plans

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