Compliance May 5, 2016

IRS to Discuss Sick and Vacation Pay Deferred to 403(b)s

A webcast in June will address issues related to accumulated sick and vacation pay deferred to 403(b)s and 457(b)s.
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The Internal Revenue Service (IRS) is hosting a webcast about accumulated sick and vacation pay deferred to 403(b) or 457(b) plans.

The webcast will answer:

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  • When is accumulated sick and vacation leave pay subject to Federal employment taxes?
  • When can taxes be deferred and for how long?
  • What is an elective contribution?

The event is June 2 at 2:00 p.m. Eastern time.

Registration is here.

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