HRS §88E-15
Existing deferred compensation plans
This section says the law does not change any deferred compensation plan that already exists under a specific federal tax rule. It is a narrow rule that only protects plans already in place. It does not create new rights or duties.
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The statute, as written — Existing deferred compensation plans
This chapter shall not affect any existing deferred compensation plan established under section 457 of the Internal Revenue Code, as amended. [L Sp 1981 1st, c 7, pt of §1]
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