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spitz4
New Member

Is a 409a non-qualified deferred compensation plan a 457 non-qualified pension plan? Don't recall this TurboTax question in the past - unsure how to answer.

 
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PhyllisG
New Member

Is a 409a non-qualified deferred compensation plan a 457 non-qualified pension plan? Don't recall this TurboTax question in the past - unsure how to answer.

The answer is no. Eligible deferred compensation plans under Code Section 457(b) are exempt (by statute) from Section 409A.

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3 Replies
PhyllisG
New Member

Is a 409a non-qualified deferred compensation plan a 457 non-qualified pension plan? Don't recall this TurboTax question in the past - unsure how to answer.

The answer is no. Eligible deferred compensation plans under Code Section 457(b) are exempt (by statute) from Section 409A.

spitz4
New Member

Is a 409a non-qualified deferred compensation plan a 457 non-qualified pension plan? Don't recall this TurboTax question in the past - unsure how to answer.

I answered yes to this question, but need to change it to No, but cannot find it again.  How do I get back to this specific question?
spitz4
New Member

Is a 409a non-qualified deferred compensation plan a 457 non-qualified pension plan? Don't recall this TurboTax question in the past - unsure how to answer.

Nevermind, sorry, I found it under the W2.  Thanks!
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