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Imagine that you are an employer trying to decide whether to sponsor a qualified retirement plan or a nonqualified deferred compensation plan for your employees.
- Imagine that you are an employer trying to decide whether to sponsor a qualified retirement plan or a nonqualified deferred compensation plan for your employees.
- What are the tax and nontax consequences of each plan?
- Based on what you know about the different plans, what would be your justification for selecting the one you choose?
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