A compensation package deferred

July 2011
New Hampshire Business Review;7/1/2011, Vol. 33 Issue 13, p23
The article focuses on the nonqualified deferred compensation plans, regulated by the Section 409A of the U.S. Internal Revenue Code. It is said that noncompliance with Section 409A may result in 20 percent additional income tax on a faulty deferred compensation payment and penalties. The deferred compensation plans can included different arrangements like severance agreements, nonqualified stock option agreements or plans providing stock appreciation rights.


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