As provided by the United States Internal Revenue Code, any sum deferred under the trust shall not be included for the purposes of computation of any federal income taxes withheld on behalf of any employee.
Structure Code of Alabama
Chapter 25B - Retirement Trust for Football Coaches of Public Institutions of Higher Learning.
Section 16-25B-1 - Election of Participation.
Section 16-25B-2 - Participants Not Eligible for State Plans.
Section 16-25B-3 - Institutions Authorized to Make Contributions on Behalf of Participants.
Section 16-25B-4 - Board of Trustees to Administer Coaches' Participation.
Section 16-25B-5 - Annual Report; Contents.
Section 16-25B-6 - Effect of Trust Deferred Compensation on Other Programs.
Section 16-25B-7 - Inclusion for Federal Income Taxes.
Section 16-25B-8 - Authority to Participate In, Suspend or Withdraw From Trust.