Directors' fee deferrals

[lexi]

Outside directors defer fees into company's (account balance) NCDC plan. The deferred amounts are subject to SECA but my question is when is SECA due? Upon deferral or upon distribution? And is it in Notice 2005-1 or final 409A regs?

thanks for your help!

[Guest mjb]

when received. See PLR 9609011 & 9540003