NRS 287.401
“Deferred compensation” defined.

“Deferred compensation” means income which an employee of a political subdivision may legally set aside under the program, which may consist of one or more plans authorized by 26 U.S.C. § 401(a), 401(k) or 457 and which income, while invested under the program, is exempt from federal income taxes on the employee’s contributions and interest, dividends and capital gains.

Source: Section 287.401 — “Deferred compensation” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-287.­html#NRS287Sec401.

Last Updated

Jun. 24, 2021

§ 287.401’s source at nv​.us