Just Like Distributions from Qualified Retirement Plans, Distributions from Nonqualified

question 36

True/False

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

---

Definitions:

Confidence

The feeling or belief that one can rely on someone or something; self-assurance arising from one's appreciation of one's own abilities or qualities.

Presentations

The act of showing and explaining the content of a topic to an audience, typically involving visual aids such as slides.

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Presentation

A formal display or demonstration of ideas, products, or information, often using visual aids like slides or videos.