Nevada Revised Statutes Title 23. Public Officers and Employees § 287.450. Deferrals of compensation:  Deductions from payroll;  limitation on amount deferred

1. Deferrals of compensation may be withheld as payroll deductions in accordance with the agreement between the political subdivision and a participating employee.

2. The amount of deferred compensation set aside by the political subdivision to a plan under the program during any calendar year may not exceed the amount authorized by 26 U.S.C. § 401(a) or 457, as applicable.