单词 | nondiscrimination rule |
释义 | nondiscrimination ruleDefinition A provision in a retirement plan that requires a company to provide the same benefits to all its employees, regardless of their position. This provision must be in effect for a plan to be considered "qualified" under the Employee Retirement Income Security Act (ERISA). If a plan is not qualified, a company's contributions to it are not tax-deductible. |
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