Guest jhilliard Posted August 6, 2003 Posted August 6, 2003 Are bonus payments considered part of compensation? Thanks
MGB Posted August 6, 2003 Posted August 6, 2003 It depends on how the plan document defines compensation.
david rigby Posted August 6, 2003 Posted August 6, 2003 And it depends on what happens to the bonus. Since this Q was posted in the message board referring to Nonqualifed plans, its possible that you are asking about a bonus that was deferred. If so, that is a nonqualified plan; any comp that is deferred in a nonqualified plan should not be considered compensation under a qualified plan, at least not until actually paid. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Guest jhilliard Posted August 6, 2003 Posted August 6, 2003 My fault I actually never finished the question and I inadvertently posted it. I thank you for your help!
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