NONQUALIFIED PLAN
\nˌɒnkwˈɒlɪfˌa͡ɪd plˈan], \nˌɒnkwˈɒlɪfˌaɪd plˈan], \n_ˌɒ_n_k_w_ˈɒ_l_ɪ_f_ˌaɪ_d p_l_ˈa_n]\
Sort: Oldest first
-
A benefit plan for an employee that does mandate the filing with the IRS and as such tax deductions in exchange for contributions are not offered. Under the nonqualified plan, certain employees gain more benefits due to employer discrimination.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.