Featured Jobs
|
BPAS
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Retirement Relationship Manager MAP Retirement
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Regional Vice President, Sales MAP Retirement
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
Pattison Pension
|
|
MAP Retirement
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Sentinel Group
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
409A Compliance for Deferred Compensation Plans Is a Year-Round Endeavor
Morris, Manning & Martin, LLP 
May 13, 2025 "In January, ensure new salary deferral elections for the current year are implemented timely and correctly. In March and April, companies with annual incentive payments based on the calendar year should ensure that annual bonus deferral elections are properly applied and new bonus deferral elections are implemented.... In January, identify any payments that are required to be made in the current year based on a distribution event in a prior year ... Corrections of 409A failures are allowed up to the end of the second year after the year of the failure." MORE >> |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |