Down to work: New 409A rules force revising, drafting deferred compensation arrangements

Palmieri, Frank
June 2007
Employee Benefit News;Jun2007, Vol. 21 Issue 7, p66
The article deals with the issues employers must discuss concerning final Section 409A regulations from the U.S. Internal Revenue Service. According to the author, the regulations sought to address perceived abuses by senior executives in obtaining nonqualified deferred compensation retirement, severance and other benefits upon termination. He claims that the regulations require employees to make decisions to defer compensation under statutory rules.


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