Unfunded Deferred Comp Flashcards by Tom Anichini | Brainscape

Q

Unfunded promise to pay

Distressed forfeit risk?

A

Yes

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Q

Unfunded promise to pay

Bankruptcy forfeit risk?

A

Yes

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Q

Unfunded promise to pay

Taxability of Income

A

At Receipt

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Q

Unfunded promise to pay

Tax deferral

A

Yes

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Q

Unfunded promise to pay

Tax deduction for Employer

A

When pays EE

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Q

Unfunded promise to pay

A

Funded: No

Meets ERISA: No

Distressed forfeit risk: Yes

Bankruptcy forfeit risk: Yes

Taxability of income: At Receipt

Tax deferral: Yes

ER tax deduction: When pays EE

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