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6 Cards in this Set
- Front
- Back
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Salary Reduction Plan
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The employee agree to give up a specified portion of current compensaton, in turn, the employer promises to pay a benefit in the future benifit.
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Supplemental Plan
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A employer makes the commitment to provide a specific deferred benifit, the employee does not have to forgo the current compensation to fund the plan.
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Excess Benefit Plan
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Providing the benifit to employees in excess of the specified qualified plan limitations. It is tied to one or more qualified plan.
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Supplemental Excutive retirement Plan
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Only available to the selective excutives. not tied to a qualified retirement plan.
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rabbi Trust
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later
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Secular Trust
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later
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