Determining Specified Employees Under Section 409A Checklist | Practical Law

Determining Specified Employees Under Section 409A Checklist | Practical Law

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Determining Specified Employees Under Section 409A Checklist

Practical Law Checklist 3-501-1332 (Approx. 7 pages)

Determining Specified Employees Under Section 409A Checklist

by Durward J. "Jim" Gehring, Seyfarth Shaw LLP, with Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A Checklist outlining the steps to be taken by an employer in determining its specified employees for purposes of applying the six-month delay to payments from nonqualified deferred compensation plans. The six-month delay on payments made to specified employees in connection with a separation from service is required by Section 409A of the Internal Revenue Code.