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Length of Service Awards for Volunteers - which is bigger "reason


Guest former_svp

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Guest former_svp

Section 457(e)(11)says that the one of the only forms of compensation a bona fide volunteer can have is "nominal fees". Is there a specific amount that is considered to be nominal? Would $10,000 per year be considered nominal? Section 457(e) says volunteers can receive "reasonable benefits (including length of service awards)" and it limits the accrual in a length of service award program to $3,000. Which is bigger "reasonable" or "nominal"?

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