Nonqualified deferred compensation plan definition

Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

Nonqualified deferred compensation plan shall have the meaning set forth in Section 3.28(k).

Nonqualified deferred compensation plan has the meaning set forth in Section 4.17(m).

Examples of Nonqualified deferred compensation plan in a sentence

• Nonqualified deferred compensation plan distributions received by an individual who is not a resident of Wisconsin are not taxable to Wisconsin if: • The distribution is paid out in annuity form over the life expectancy of the individual or for a period of not less than 10 years; or• The distribution is paid in either an annuity or lump sum from arrangements known commonly as "mirror" plans.

• Refundable credit for Nonqualified Deferred Compensation Plan.(D)(1) As used in this division:(a) "Nonqualified deferred compensation plan" means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.(b) “Qualifying loss” means the amount of compensation attributable to a taxpayer’s nonqualified deferred compensation plan, less the receipt of money and property attributable to distributions from the nonqualified deferred compensation plan.

• Mr. Hawkins wants clarification on the rule and how to interpret it.

• Thus, the employee's interest in annuity amounts are "property," included in income when the employee's interest vests, i.e., is not "subject to a substantial risk of forfeiture." The includable amount is the value of the contract.D. Non-qualified deferred compensation plan - deferral after income earned If an employee can elect to defer income that has been earned, he receivescompensation, included in gross income under IRC 61(a)(1), when the amounts areavailable to him (when he can elect).

• September 30December 31 2015 2014 (in thousands)Assets: Money market funds(1)(3)$ (1) Included in cash and cash equivalents.(2) Nonqualified deferred compensation plan investments consist of U.S. and international equity mutual funds, government and corporate bond mutual funds, and money market funds which are held in a trust with a third-party brokerage firm.

More Definitions of Nonqualified deferred compensation plan

Nonqualified deferred compensation plan has the meaning given such term in Section 409A(d)(1) of the Code.

Nonqualified deferred compensation plan means the Company’s Nonqualified Deferred Compensation Plan as amended and restated effective January 1, 2011, and as amended or replaced from time to time thereafter prior to the Effective Date.

Nonqualified deferred compensation plan means the Constellation Energy Group, Inc. Nonqualified Deferred Compensation Plan.

Nonqualified deferred compensation plan means an unfunded plan, arrangement, program or agreement maintained primarily for the purpose of providing deferred compensation, including supplemental and excess benefits, for a select group of management or highly compensated employees within the meaning of Section 201(2), 301(a)(3) and 401(a)(1) of ERISA and Department of Labor Regulations Section 2520.104-23.

Nonqualified deferred compensation plan means a “nonqualified deferred compensation plan,” within the meaning of Section 409A of the Code and Treasury Regulation Section 1.409A-1(a).

Nonqualified deferred compensation plan means the ALLIANT TECHSYSTEMS INC. Nonqualified Deferred Compensation Plan, as amended from time to time.

Nonqualified deferred compensation plan means the Vista Outdoor Inc. Nonqualified Deferred Compensation Plan, as amended from time to time. “Participant” shall mean any Employee who is eligible to participate in the Plan.