Regulation of the U.S. Internal Revenue Service (IRS) on model trusts; Advantage of a secular trust to employees; Ruling of the IRS on a case involving an employer's contribution to a nonqualified deferred compensation plan.EBSCO_bspPayroll Practitioners Monthly...
RABBI TRUST DefinitionRABBI TRUST is a nonqualified deferred compensation plan whereby an employer and employee agree to defer payment for the employees services until a specified future date. The rabbi trust features an irrevocable grantor trust that is set up by the employer to hold the ...
Also known as a grantor trust, a rabbi trust is a type of trust that is established for employees and is considered irrevocable. One of the main functions of this type of trust is to fund benefits provided to employees as part of a non-qualified deferred compensation plan. The name for ...
A rabbi trust is a trust created to support the non-qualified benefit obligations of employers to their employees. A rabbi and his congregation first used this type of trust after anInternal Revenue Service (IRS)private letter ruling approved its use; it has been referred to as a rabbi trust...
An example of a Rabbi trust applying where an employee receives compensation the taxation of which is deferrable is a nonqualified deferred compensation plan. 展开 关键词: Trust Law Employee Compensation Business Acquisition Payee 出版时间: 2013-07-01 ISBN: 9786130556549 ...
But rabbi arrangements are not Internal Revenue Code Section 401 trusts and present different issues concerning risk management, compliance, and taxation from qualified plan trusts. Those differences are highlighted. Suggestions are given on how to structure the trust to enable efficient ongoing ...
Plan Trust means the trust governed by the Plan. Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust ...
来自 EBSCO 喜欢 0 阅读量: 20 作者: Bruckman, David B 摘要: In Brief Minimizing estate and income taxes In a typical rabi trust, a types of nonqualified... 关键词: Synagogues 年份: 2003 收藏 引用 批量引用 报错 分享 全部来源 求助全文 ProQuest EBSCO questia.com 相似文献...
PLAN AHEAD. This applies to ALL families, of whatever religious persuasion. Ask yourself these questions (the exact terminology and documents will depend on your state or country of residence.) Do I have a current will or revocable trust? Is it up to date? Have I designated (and documented...