a Mexican horseman or cowboy, typically one wearing an elaborate outfit, often with silver decorations, of tight trousers, ruffled shirt, short jacket, and sombrero. Origin of charro.
These are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.Richard earns $300,000 in 2011 while Mary earns $100,000.hese are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.
The maximum amount a person can contribute to his or her section 457 deferred compensation plan is set each year by the Internal Revenue Service after taking inflation into account. For the year 2017, people can contribute up to $18,000 as an elective deferral to their employer's 457 deferred compensation plan. Additionally, participants age 50 or older can contribute an extra $6,000 as a catch-up contribution.