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AKH, Inc. has an existing deferred compensation plan in accordance with Section 409A. Angela joined the company on June 27th as an important executive. She
AKH, Inc. has an existing deferred compensation plan in accordance with Section 409A. Angela joined the company on June 27th as an important executive. She is not familiar with Section 409A and asks you if she can join the deferred compensation plan this year. What should you tell her? Group of answer choices She has 30 days from when she initially becomes eligible to participate in the plan. 409A plans require someone to be age 21 with one year of service to be eligible for the plan. Her first opportunity to enter the 409A plan will be next January 1st. She can enter the plan at the next semi-annual enrollment date
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