Plan Language, Definition of Compensation: Income Subject to Withholding or "Wages" Safe Harbor | Practical Law

Plan Language, Definition of Compensation: Income Subject to Withholding or "Wages" Safe Harbor | Practical Law

A Standard Clause for a qualified retirement plan that satisfies the income subject to withholding or "wages" safe harbor definition of compensation under Section 415 of the Internal Revenue Code. This Standard Clause has integrated notes with important explanations and drafting tips.

Plan Language, Definition of Compensation: Income Subject to Withholding or "Wages" Safe Harbor

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A Standard Clause for a qualified retirement plan that satisfies the income subject to withholding or "wages" safe harbor definition of compensation under Section 415 of the Internal Revenue Code. This Standard Clause has integrated notes with important explanations and drafting tips.