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When Is a Sick or Vacation Leave Plan Bona Fide?

By NTSA Net Staff • April 21, 2017 • 0 Comments
School districts with an unused accumulated leave procedure may consider monitoring the IRS’ 457 regulatory project, which would define what constitutes a bona fide vacation or sick leave plan. In MarketBeat, Linda Segal Blinn discusses such leave plans, how Internal Revenue Code Section 457 applies and what that means.

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