An NQDC plan cannot discriminate in favor of officers or other highly compensated employees.

Name: An NQDC plan cannot discriminate in favor of officers or other highly compensated employees.
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Question

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An NQDC (Nonqualified Deferred Compensation) plan can discriminate in favor of officers, directors, or other highly compensated employees, unlike qualified plans which are subject to nondiscrimination rules.

An NQDC Plan Cannot Discriminate in Favor of Officers or Other