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Just Like Distributions from Qualified Retirement Plans, Distributions from Nonqualified

question 36

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Just like distributions from qualified retirement plans, distributions from nonqualified deferred compensation plans are taxed as ordinary income to the recipient.


Definitions:

Standing Ability

The capability of an individual to maintain an upright posture without assistance.

Swimming Speed

The rate at which an individual or object moves through water.

Cardiovascular System

The system in the body that circulates blood and lymph through the heart, arteries, veins, and capillaries, delivering oxygen and nutrients to organs and tissues and carrying away waste products.

Red Blood Cells

The cells in the blood that carry oxygen to the body's tissues and remove carbon dioxide.

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