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ARTICLE · 01 JULY 2016

IRS Issues Supplemental Guidance On Deferred Compensation Plans

Holland & Knight
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The IRS has published its long-awaited proposed rules on nonqualified deferred compensation plans under Section 409A of the Internal Revenue Code of 1986, as amended (Section 409A).

United StatesEmployment and HR
Holland & Knight
Holland & Knight
Robert Friedman
Robert Friedman
Victoria Zerjav
Victoria Zerjav
Author LinkedIn connections

Christopher Buch is an Associate in Holland & Knight's Chicago office
Robert Friedman is a Partner in Holland & Knight's Miami office
Victoria Zerjav is a Partner in Holland & Knight's Stamford office

HIGHLIGHTS:

  • The Internal Revenue Service (IRS) has published its long-awaited proposed rules on nonqualified deferred compensation plans under Section 409A of the Internal Revenue Code of 1986, as amended (Section 409A).
  • The proposed regulations aim to clarify or modify specific provisions of the current regulations issued under Section 409A, which have been in place since 2007, and also make changes to the proposed income inclusion regulations published in December 2008.

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