Retirement, LLC |
Nova 401(k) Associates |
Carpenter Morse Group |
United 401(k) Plans, Inc. |
Central Pension Fund of the IUOE |
Retirement Plan Legal Specialist Pentegra |
Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc. |
Trucker Huss, A Professional Corporation |
Central Pension Fund of the IUOE |
Prime Pensions, Inc. |
Compass Retirement Consulting Group, Inc. |
Bates & Company |
Retirement Plan Relationship Manager ERISA Services, Inc. |
Nicholas Pension Consultants |
Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc. |
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Identifying the 409A 'Payment Event' in This Transaction Bonus Scenario BenefitsLink Message Boards ![]() Oct. 11, 2021 "What is the Payment Event under 409A when a Transaction Bonus (calculated as a% of net proceeds) is payable 12 months following a CIC, but the bonus will be forfeited if the employee voluntarily terminates employment prior to the payment date? Is the Payment Event the CIC or a fixed date (the date 12 months after the CIC)? I believe it's a fixed date. But what if the plan language says the bonus is payable 'within 12 months' after the CIC, and is still subject to forfeiture if employee voluntarily terminates employment prior to the payment date?" |
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