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Non-Profit Organizations And Government Entities Prepare for New Regs for 'Golden Handcuff' Plans Under Code Section 457(f)
Mintz Levin Link to more items from this source
June 16, 2011
The IRS has stated that the new Section 457(f) regulations anticipate issuing guidance for substantial risk of forfeiture in line with those published under Section 409A.... There is precedent from the IRS's implementation of the 409A regulations, in which employers were provided a safe harbor period for corrections to bring their plans into compliance. However, the safe harbor period may not be very long, and may end as soon as December 31, 2011.

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