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Solise is an executive for a local businessOne of her benefits is a non - qualified deferred compensation ( NQDC ) plan. She has now
Solise is an executive for a local businessOne of her benefits is a nonqualified deferred compensation NQDC plan. She has now completed years of service at years old and met all of her employment goals and is retiringHer NQDC plan pays her a monthly income of $ over the next ten years Because of this, she will: A Be taxed on the monthly benefit due to constructive receipt Have a nontaxable benefit since it's Have a nontaxable benefit since taxes were already paid when contributions were made D Not be eligible to collect until full retirement age due to the economic benefit doctrine
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