Section 409A: Top Ten Compliance Pitfalls | Practical Law

Section 409A: Top Ten Compliance Pitfalls | Practical Law

Section 409A and its interpreting regulations impose complex requirements on nonqualified deferred compensation arrangements. Avoiding potentially disastrous Section 409A tax consequences depends on accurate understanding and implementation of the rules. Employers should have procedures in place to identify and address compliance risks. This article highlights ten compliance issues that are frequently encountered in practice.

Section 409A: Top Ten Compliance Pitfalls

Practical Law Article 7-519-7644 (Approx. 15 pages)

Section 409A: Top Ten Compliance Pitfalls

by Regina Olshan, Skadden, Arps, Slate, Meagher & Flom LLP, Daniel L. Hogans, Morgan, Lewis & Bockius LLP and Kristin M. Davis, Skadden Arps Slate Meagher & Flom LLP
Law stated as of 14 Jun 2012USA (National/Federal)
Section 409A and its interpreting regulations impose complex requirements on nonqualified deferred compensation arrangements. Avoiding potentially disastrous Section 409A tax consequences depends on accurate understanding and implementation of the rules. Employers should have procedures in place to identify and address compliance risks. This article highlights ten compliance issues that are frequently encountered in practice.