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Section 409A Transition Relief May Still Be Available for 'Non-Vested' Amounts
McGuireWoods Link to more items from this source
[Guidance Overview]
Apr. 7, 2009
Excerpt: The deadline for amending most nonqualified deferred compensation arrangements to comply with Internal Revenue Code section 409A has passed. However, employers -- if they act quickly -- may still have a chance to bring certain 'non-vested' arrangements into compliance with plan document requirements. Otherwise, employers should start to focus on the penalties that must be paid as a result of documentary non-compliance.

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