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Nonqualified Deferred Comp Plans: The 401(k) Excess Contribution Solution
Fulcrum Partners LLC Link to more items from this source
June 19, 2019

"A 401(k) refund immediately becomes unplanned taxable income for the employees, and potentially a lost opportunity to collect company matching dollars for 401(k) savings.... Nonqualified deferred compensation plans (NQDC) can be designed to allow plan participants to defer an amount of their base salary equal to the refund, to create a tax neutral event for the year in which the refund occurs."

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