Nondiscrimination Rule

Nondiscrimination Rule
A clause found in qualified retirement plans stating that all employees of a company must be eligible for the same benefits, regardless of position within the company. The rule keeps plans from being discriminatory toward highly-compensated employees and company executives. Nondiscrimination rules are required for a plan to be considered qualified under the Employee Retirement Income Security Act (ERISA).


A company may offer non-qualified plans (meaning that contributions are not tax deductible) that are discriminatory or selective in nature, in addition to standard qualified plans.

Nondiscrimination rules must be kept up even when retirement plans such as 401(k)s are amended or transferred to another trustee, according to ERISA guidelines.



Investment dictionary. . 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Genetic testing — (also called DNA based tests) is among the newest and most sophisticated of techniques[1] used to test for genetic disorders which involves direct examination of the DNA molecule itself. Other genetic tests include biochemical tests for such gene …   Wikipedia

  • LGBT rights in Utah — Utah (USA) Same sex sexual activity legal? Legal since 2003 (see below) Penalty …   Wikipedia

  • Data discrimination — Network Neutrality Related issues and topics Automatic telephone exchange Data discrimination End to end principle Internet Protocol Tiered Internet Bandwidth Throttling …   Wikipedia

  • Network neutrality in the United States — Network Neutrality Related issues and topics Automatic telephone exchange Data discrimination End to end principle Internet Protocol Tiered Internet Bandwidth Throttling …   Wikipedia

  • human rights — fundamental rights, esp. those believed to belong to an individual and in whose exercise a government may not interfere, as the rights to speak, associate, work, etc. [1785 95] * * * Rights that belong to an individual as a consequence of being… …   Universalium

  • Hungary — /hung geuh ree/, n. a republic in central Europe. 9,935,774; 35,926 sq. mi. (93,050 sq. km). Cap.: Budapest. Hungarian, Magyarország. * * * Hungary Introduction Hungary Background: Hungary was part of the polyglot Austro Hungarian Empire, which… …   Universalium

  • non-discrimination — UK US (also nondiscrimination) noun [U] ► SOCIAL RESPONSIBILITY, POLITICS, HR the practice of treating people, companies, countries, etc. in the same way as others in order to be fair: »The principle of non discrimination in trade relations would …   Financial and business terms

  • Clayton Antitrust Act — The Clayton Antitrust Act of 1914 (Pub.L. 63 212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53), was enacted in the United States to add further substance to the U.S …   Wikipedia

  • Economy of the People's Republic of China — Economies of Special Administrative Regions of Hong Kong and Macau are administered separately from the rest of People s Republic of China. Therefore, the information below pertains only to mainland China unless specified otherwise. For the… …   Wikipedia

  • Ken Cuccinelli — Cuccinelli in March 2010 Attorney General of Virginia Incumbent Assumed office …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”