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most rabbi trustsSmartAsset
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A rabbi trust is a non-qualified, irrevocable trust that allows employers to set aside funds for deferred compensation plans.
Unlike qualified retirement plans, rabbi trusts are not protected under ERISA .
These trusts provide tax deferral benefits for employees and structured payment plans that encourage long-term retention.
- Mandatory distributions from a tax-deferred retirement account can complicate your post-retirement tax planning. Use SmartAsset 's RMD calculator to see how much your required minimum distributions will be. Photo credit: iStock.com/damircudic, iStock.com/damircudic, iStock.com/punyupa The post Guide to Rabbi Trusts: What They Are, Pros and Cons appeared first on SmartReads by SmartAsset ..
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