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Section 409A presents important considerations for employers managing deferred compensation, employment agreements, severance plans, and equity awards. In a recent Tax Law alert, Pullman & Comley attorneys Sharon K. Freilich, George J. Kasper and D. Robert Morris provide a practical overview of Section 409A compliance, including which arrangements are covered, timing rules for deferral elections and distributions, the short-term deferral exception, and common compliance pitfalls. The alert also outlines the potential tax and regulatory consequences of violations.
Read the full Section 409A alert on nonqualified deferred compensation compliance here.
If you have any questions concerning Section 409A Regulations, contact any one of the authors, who are members of Pullman & Comley’s Employee Benefits practice.
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About Our Labor, Employment and Employee Benefits Law Blog
Alerts, commentary, and insights from the attorneys of Pullman & Comley’s Labor, Employment Law and Employee Benefits practice on such workplace topics as labor and employment law, counseling and training, litigation, union issues, as well as employee benefits and ERISA matters.