Business / Taxes / Nondiscrimination Rule: All qualified retirement plans, including 401(k) plans, must follow nondiscrimination rules. Among other things, the rules prevent highly paid employees from receiving more generous benefits than other employees. However, employers may offer nonqualified plans to which antidiscrimination rules don't apply. Unlike contributions to qualified plans, contributions to nonqualified plans are not tax deductible.
Rule Noun Synonyms: direct, guide, manage, control, lead, head (up), preside (over), superintend, oversee, supervise, regulate, govern, run
Rule Verb Synonyms: regulation, order, law, ordinance, ruling, decree, ukase, statute, principle, direction, guide, guideline, precept
Business / Finance / Rule 144: Restricts solicitation of buyers to complete the sell order of an insider (unless the firm is already a buyer); signified by a flashing 'E' on Quotron. MORE
Business / Finance / Rule 14-D: Often used in risk arbitrage. Regulations and restrictions covering public tender offers and related disclosure requirements. MORE