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NQDC distribution


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#1 sritts

sritts

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Posted 25 January 2011 - 09:16 AM

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.

#2 409 eh?

409 eh?

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Posted 25 January 2011 - 12:38 PM

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.