Perform Year-End Review Of Nonqualified Deferred Compensation Plans For 409A Operational Failures

Mondaq Business BriefingUnited States Law Articles in English (2009)

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Perform Year-End Review Of Nonqualified Deferred Compensation Plans For 409A Operational Failures

Employers that maintain nonqualified deferred compensation plans should strongly consider adding a review of operations for Section 409A non-compliance to their end-of-the-year to-do lists. If operational failures are identified and corrected before the year has run out, it may be possible to avoid some or all of the adverse consequences that would otherwise result under 409A by ...

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