This course discusses requirements for nonqualified deferred compensation that were enacted in the American Jobs Creation Act of 2004 and subsequently interpreted in IRS and Treasury Department regulations and other guidance. This course contains an introduction to the various nonqualified deferred compensation plans available to large and small organizations, as well as those available to individuals. Upon completion of this course, you will be able to: Identify nonqualified plans, formal or informal, covered by the deferred compensation regulations; Describe rabbi trusts; Discuss the requirements for employee stock purchase plans; Discuss the requirements for incentive stock options; Explain the requirements for nonqualified stock options; Identify the requirements for restricted stock plans; Understand the requirements for variable annuity contracts; Identify informal, short-term arrangements