Edited by djoffe, 10 November 2008 - 09:36 AM.
Are sponsors amending 457(f) plans or waiting for regulations?
Posted 10 November 2008 - 09:26 AM
Posted 10 November 2008 - 11:15 AM
Posted 10 November 2008 - 11:22 AM
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Posted 07 February 2009 - 03:38 PM
Posted 08 February 2009 - 12:43 PM
See IRS Notice 2007-62. IRS will issue 457(f) regs but they will be substantially similar to 409A regs. One major difference to look for is the definitions of a "substantial risk of forfeiture." There was some discussion in the notice that the definition for SRF in the 409A regs may not be applicable to eligible 457 entities and that the 457(f) regs should therefore not include the same definition.