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Gifted-Ring: 1 year ago

what is 409a

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solidbehavior: 1 year ago

The IRS 409A applies to compensation that workers earn in one year, but that is paid in a future year and is called a nonqualified deferred compensation. If deferred compensation meets the requirements of the 409A, then it doesn't effect the employee’s taxes. For more information see: http://www.irs.gov/retirement/article/0,,id=186222,00.html.

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