Deferred Comp
Posted: Tue Jan 29, 2013 5:23 pm
Dear Desiree,
Subsections 541(b)(7)(A)(i)(II) and (B)(i)(II) provide an answer to your question:
Property of the estate does not include - . . . any amount . . . - withheld by an employer from the wages of employees for payment as contributions - to- . . . a deferred compensation plan under section 457 of the Internal Revenue Code of 1986; or . . . received by an employer from employees for payment as contributions - to - . . . a deferred compensation plan under section 457 of the Internal Revenue Code of 1986 . . .
All the best,
Nick
Nicholas Gebelt, Ph.D., J.D.
Board Certified Bankruptcy Specialist
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