NRS 287.450
Deferrals of compensation: Deductions from payroll

  • limitation on amount deferred.

1.

Deferrals of compensation may be withheld as payroll deductions in accordance with the agreement between the political subdivision and a participating employee.

2.

The amount of deferred compensation set aside by the political subdivision to a plan under the program during any calendar year may not exceed the amount authorized by 26 U.S.C. § 401(a) or 457, as applicable.

Source: Section 287.450 — Deferrals of compensation: Deductions from payroll; limitation on amount deferred., https://www.­leg.­state.­nv.­us/NRS/NRS-287.­html#NRS287Sec450.

Last Updated

Feb. 5, 2021

§ 287.450’s source at nv​.us