Compensation Used to Determine Specified Employees Checklist
Resource type: Checklist
This Checklist describes the compensation to be used by an employer in determining its specified employees under Section 409A of the Internal Revenue Code. Nonqualified deferred compensation paid to a specified employee on separation from service is generally subject to a six-month delay in payment under Section 409A. This Checklist does not address items of compensation paid by non-profit employers, state or local governments or other tax-exempt employers.
Sandra W. Cohen, Osler, Hoskin & Harcourt LLP
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