Rabbi Trust

(redirected from Rabbi Trusts)
Also found in: Wikipedia.

Rabbi Trust

A trust in which one may deposit employee compensation such that taxation is deferred to a future date. This is done most commonly when the compensation would be deposited otherwise into a retirement plan that is not tax deductible. It derives its name from the fact that the first one was intended to benefit a rabbi.
References in periodicals archive ?
Schift said most companies with which he works today create Rabbi Trusts, which are one type of trust-owned life insurance plans.
The most common options made available to attract and maintain key executives using NQDC plans are life insurance plans, excess-benefit plans, top-hat plans, severance plans, deferred bonuses, vested masts, rabbi trusts, secular trusts, stock options, phantom stock, stock appreciation rights, and golden, silver, tin, and pension parachutes.
The entries in this guide answer 500-plus questions about the different types of nonqualified deferred compensation plans available to executives, and the rules governing rabbi trusts, life insurance, stock plans, Section 457 plans, withholding taxes, funding, and mutual fund options.
The scope of the term employer should also extend to the "employer's" VEBA, charitable foundation, pension or profit-sharing plans (as well as other deferred compensation trusts, such as rabbi trusts, established by the employer), and include advising a foreign parent corporation on any U.
The Jobs Act also provided funding rules for offshore rabbi trusts and financial health triggers [IRC Sec.
Rabbi trusts, in and of themselves, were not necessarily what Rep.
Excluding expenses related to benefit programs funded through Rabbi Trusts and non-comparable hotel expenses, expenses increased 1.
The scope of the term employer should also extend to the "employer's" VEBA, charitable foundation, pension or profit sharing plans (as well as other deferred compensation trusts, such as rabbi trusts, established by the employer), and include advising a foreign parent corporation on any U.
COMMON TYPES OF RETIREMENT PLANS AVAILABLE for employee clergy include IRAs, tax-sheltered annuities, qualified pension plans, 401(k) plans, SEPs and Rabbi trusts.
Guardian serves as trustee most often for irrevocable life insurance trusts, rabbi trusts and trusts for inherited individual retirement accounts.
Rabbi trusts are grantor trusts set up by a corporation exclusively to provide specified benefits.