Nontax Issues to Consider When Evaluating Current Salary Versus Deferred

question 38

Multiple Choice

Nontax issues to consider when evaluating current salary versus deferred compensation include

• A)the employee may need the cash now.
• B)deferred compensation carries some risk.
• C)deferred compensation may,depending on the contract,lock the employee into continued employment.
• D)All of the above are issues to be considered.

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Definitions:

Human Immunodeficiency Virus

A virus that attacks the immune system, the body's natural defense against illness, and can lead to AIDS if not treated.

Immune System

The body's defense mechanism against infections and diseases, comprising organs, tissues, cells, and proteins that work together to protect the body.

Human Immunodeficiency Virus (HIV)

A virus that attacks the human immune system, depleting the body’s ability to fight infection; the infection that causes AIDS.

Infections

The invasion and multiplication of microorganisms such as bacteria, viruses, and fungi that are not normally present within the body, often causing disease or illness.