KimberlyC Posted July 17, 2019 Posted July 17, 2019 Certain unfunded deferred compensation plans maintained by non-governmental tax-exempt organizations (in existence on and not modified after August 16, 1986) are grandfathered and are not subject to Section 457(b) limits. Does anyone know how deferrals under these grandfathered plans are reported on Form W-2? is it still Code G of Box 12 or another Box and/or Code? Including grandfathered amounts in Box 12, Code G may cause an apparent exceeding of the 457 deferral limits.
jpod Posted July 17, 2019 Posted July 17, 2019 Unless there is something special in the W-2 instructions (easy enough to do a word search through the instructions), I would think it should be treated just like a for profit NQDC Plan.
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