Which of the Following Is Not a Benefit of Nonqualified

question 106

Multiple Choice

Which of the following is not a benefit of nonqualified deferred compensation plans?

• A) Nonqualified plans may discriminate in favor of highly compensated executives.
• B) There is no limit on the amount of nonqualified deferred compensation that can be provided to an employee.
• C) Nonqualified deferred compensation plans are less risky for participating employees than qualified retirement plans.
• D) Employers do not have to expend cash to fund a nonqualified plan.

---

Definitions:

Screen Out Data

To screen out data means to filter or remove certain data points or information based on predefined criteria, often used in data processing or analysis.

Shift Register

A PLC function capable of storing and shifting binary data.

Examine for On Instruction

A PLC programming command used to check if a specific input or condition is true (or "on") before executing subsequent instructions.

PLC Sequencer Step

A specific stage or operation in a sequence of actions controlled by a Programmable Logic Controller (PLC) to automate processes.