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Rabbi Trusts: When to Ask and What to Get
The Wagner Law Group Apr. 19, 2019 "[T]he most notable characteristic of a rabbi trust may be its inability to protect executives against the employer's bankruptcy or technical insolvency.... It is common as a result to say that rabbi trusts merely provide 'change of heart' protection. That protection can, however, be invaluable for an executive if significant severance, deferred compensation, or supplemental retirement benefits are not scheduled to be paid coincidentally with the executive's termination of employment." |
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