Reg. § 31.3306(r)(2)-1 Treatment of amounts deferred under certain nonqualified deferred compensation plans.
(a) In general Section provides a special timing rule for the tax imposed by section with respect to any amount deferred under a nonqualified deferred compensation plan. contains rules relating to when amounts deferred under certain nonqualified deferred compensation plans are wages for purposes of sections , , and . The rules in also apply to the special timing rule of section . For purposes of applying the rules in to section and this , references to the Federal Insurance Contributions Act are considered references to the Federal Unemployment Tax Act (26 U.S.C. 3301 et seq.), references to FICA are considered references to FUTA, references to section or are considered references to section , references to section are considered references to section , references to section , (a)(5), and (a)(13) are considered references to section , (b)(5), and (b)(10), respectively, and references to are considered references to .
(b) Effective dates and transition rules Except as otherwise provided, section applies to remuneration paid after December 31, 1984. contains effective date rules for certain remuneration paid after December 31, 1983, for purposes of section . The rules in also apply to section . For purposes of applying the rules in to section and this , references to section are considered references to section , and references to section , (a)(3), or (a)(13) are considered references to section , (b)(3), or (b)(10), respectively. In addition, references to are considered references to of this section. For purposes of applying the rules of to this —
(1) References to “December 31, 1983” are considered references to “December 31, 1984”;
(2) References to “before 1984” are considered references to “before 1985”;
(3) References to “Federal Insurance Contributions Act” are considered references to “Federal Unemployment Tax Act”; and
(4) References to “FICA” are considered references to “FUTA”.
[64 FR 4541, Jan. 29, 1999]