Which of the Following Is True Concerning Employer Funding of Nonqualified

question 133

Multiple Choice

Which of the following is true concerning employer funding of nonqualified deferred compensation plans?

• A)Employers are required to invest salary deferred by employees in investments specified by the employees.
• B)Employers are required to annually fund their deferred compensation obligations to employees.
• C)Employers annually deduct the amount earned by employees under the plan.
• D)Employers may discriminate in terms of who they allow to participate in the plan.