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To: Little Joe who wrote (32602)4/27/1999 11:56:00 AM
From: Al Cern  Read Replies (1) | Respond to of 116764
 
Rabbi Trust

A type of trust between an employee and an employer in which the employer makes contributions to an irrevocable trust. Upon the occurrence of a stipulated event (e.g., death, disability of the employee, or retirement), the trustee will make payments to the employee or his beneficiary. In order for the contributions to be tax deductible to the employer, funds from the trust must be distributed to the employee.


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