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Please respond to the following: Imagine that you are an employer trying to decide whether to sponsor a qualified retirement plan or nonqualified deferred compensation

Please respond to the following:

  • Imagine that you are an employer trying to decide whether to sponsor a qualified retirement plan or 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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