Mississippi SB2912 allows Roth and other after-tax accounts in the state's deferred compensation plan.
Mississippi SB2912 amends the state's deferred compensation plan to allow Roth accounts and other after-tax contribution vehicles. It specifies that these contributions will be treated as income at the time they would have been received if not deferred. The bill also ensures that the deferred compensation is exempt from various taxes until it is paid out. The changes are set to take effect from July 1, 2026.
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