Employee benefit plans not subject to the regulations imposed by the Employee
Retirement Income Security Act (ERISA) of 1974. Examples of nonqualified plans
include plans falling under other, more specific laws (e.g., workers compensation,
unemployment compensation, disability insurance) and unfunded plans maintained
solely to provide benefits for certain employees in excess of the limitations
imposed on benefits and contributions for tax purposes (e.g., benefit plans
for executives or highly compensated employees, such as stock option plans).
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