409a
A 409A, or Section 409A, refers to a section of the Internal Revenue
Code (IRC) in the United States that governs the taxation of
nonqualified deferred compensation plans. Specifically, Section 409A
addresses the taxation of amounts deferred under nonqualified
deferred compensation (NQDC) plans, which are arrangements that
allow employees or service providers to defer the receipt of
compensation to a later date.
Book a Demo
