Guest DIY Posted November 8, 2007 Posted November 8, 2007 It's election season for 457(f) plans that permit salary deferral elections. What are plans doing for 2008 in light of IRS Notice 2007-62, which said salary deferral elections generally cannot be made subject to a substantial risk of forfeiture? No salary deferrals in 2008 at all? Continuing salary deferrals for current participants only? Operating as usual until guidance is issued? Any thoughts would be appreciated.
jpod Posted November 8, 2007 Posted November 8, 2007 I don't know what people are doing, but IMHO anyone who does it now or even did it in the past should have his/her head examined.
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