54A:6-21. Contributions to certain employee trusts
57 words·~1 min read·
/nj/title-54a/chapter-6/54a-6-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Gross income shall not include amounts contributed by an employer on behalf of and at the election of an employee to a trust which is part of a qualified cash or deferred arrangement which meets the requirements of Section 401(k) of the 1954 Internal Revenue Code, as amended.
L.1983, c. 571, s. 2, eff. Jan. 1, 1984.