Tag: Non-qualified Retirement Plan

23
Mar

Qualified Vs. Nonqualified Retirement Plans: How Are They Different?

One way for employers to build employee loyalty is to offer retirement plans. The Employee Retirement Income Security Act (ERISA), which became effective in 1974, opens the door to qualified plans that protect employees. ERISA guidelines define which retirement plans are qualified and which ones are non-qualified. Here’s a look at how these plans differ. What is a Qualified Retirement

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