A nonqualified deferred compensation plan under which the amount deferred or timing of payment is affected by either:

For example, linked plans include supplemental plans that provide executives with retirement benefits that exceed those that they are eligible to receive under their employer's qualified plan because of limits imposed by the Internal Revenue Code (IRC).

Linked plans are subject to Section 409A of the IRC. If a linked plan violates Section 409A, there are special rules governing linked plan corrections. For more information on the requirements of Section 409A, see Practice Note, Section 409A: Deferred Compensation Tax Rules: Overview. For more information on correcting errors in linked plans, see Practice Note, Correcting Errors Under Section 409A.