SB 2912
MS Deferred Compensation; allow Roth and other after-tax accounts.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
An act to amend section 25-14-5, mississippi code of 1972, to allow the mississippi deferred compensation plan and trust to offer roth accounts and other after-tax contribution vehicles; To provide that a participant's roth OR other allowable after-tax contribution into a deferred compensation account shall be treated by the employer as includable IN the participant's income at the time the participant would have received that amount IN compensation if the participant had not made a deferred election; To amend section 25-14-15, mississippi code of 1972, to conform; And for related purposes.
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