TITLE

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

AUTHOR(S)
Palmieri, Frank
PUB. DATE
June 2007
SOURCE
Employee Benefit News;Jun2007, Vol. 21 Issue 7, p66
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
25302128

 

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