Financial Affairs Main Page
UAB Chief Financial Officer
Accounts Payable
Administrative Systems Training
Budget Administration
Contracts & Vendor Compliance
Cost and Space Analysis
Equipment Accounting
Financial Accounting
Financial Review Services
Payroll Services
Student Accounting
Tax Services
University Purchasing
Object Code Search
Policies & Guidelines
Reports & Publications
Resource Links
UAB Financial Affairs
University of Alabama at Birmingham
701 20th Street South
921 Administration Building
Birmingham, AL 35294
Search Financial Affairs UAB Home UAB Directory UAB Calendars

payroll services   /  Nine-Month Faculty Pay

Nine-Month Faculty Pay  

The Internal Revenue Service announced 409 A Regulation enforcements in relation to nine month faculty paid over twelve months. This payment method falls under "deferred compensation" and may require specific actions and reporting by the faculty member and the University depending on their election of payment distribution. With any new IRS reporting, additional communication may be required as institutions develop the processes relating to the code. UAB's process might be slightly different than other institutions due to UAB offering two different options of disbursement to nine month faculty, i.e. 9 over 9 and 9 over 12.

© Copyright 2007 UAB Financial Affairs    All Rights Reserved
Web Development by Infomedia