Federal requirements prerequisite for operation of plan; taxation of deferred income by State or political subdivision.
Nev. Rev. Stat. § 287.350
in effect1. No plan in the Program becomes effective and no deferral may be made until the plan meets the requirements of 26 U.S.C. § 401(a), 401(k), 403(b), 457 or 3121, including, without limitation, a FICA alternative plan, or any other federal law authorizing a plan to reduce taxable compensation or other forms of compensation, as applicable, for eligibility.
2. Income deferred during a period in which no income tax is imposed by the State or a political subdivision may not be taxed when paid to the employee.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-287.htmlFetched: 10/4/2026