"Review Agreements to Ensure Section 409A Compliance by End of 2007," SHRMOnline
This article explains the changes taking place as a result of the final rule for Section 409A of the Internal Revenue Code on deferred compensation. Steven Friedman and Kevin Wright discuss the ramifications of these changes and caution employers about having employment and severance agreements that are noncompliant with the rule. "Employers, working with HR professionals, should inventory all agreements to ensure the documents are compliant," Friedman stated.
