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NQDC distribution


Guest sritts

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What is the correction for not timely processing a distribution from a NQ deferred compensation plan?

The election form stated distribution to be processed January 31, 2010. Distribution was not processed.

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Guest 409 eh?
What is the correction for not timely processing a distribution from a NQ deferred compensation plan?

The election form stated distribution to be processed January 31, 2010. Distribution was not processed.

If it's subject to 409A, see Notice 2008-113.

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