Participating in an Employer-Sponsored Nonqualified Deferred Compensation Plan Is Potentially

question 136

True/False

Participating in an employer-sponsored nonqualified deferred compensation plan is potentially risky because employers are not required to fund nonqualified plans. If the employer is not able to pay the employee when the payment is due, the employee usually becomes an unsecured creditor of the employer.

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Definitions:

Myelomeningocele

A birth defect in which the backbone and spinal canal do not close before birth, exposing the spinal cord and membranes.

Prone Position

Lying flat with the front or face downward, often used for patients with respiratory difficulties.

Tube-fed

The delivery of nutrition directly to the stomach or intestine via a tube, used when an individual is unable to eat by mouth.

Botulism Immune Globulin

An intravenous medication used to treat infant botulism, containing antibodies against the toxin produced by Clostridium botulinum.