Been Struggling with Those 409A Regs?

October 5, 2007 (PLANSPONSOR.com) - If you've been struggling with § 409A regs - or regs generally (and who hasn't?), then you'll appreciate this update on (fictional) Notice 2007-90.

It starts:

“This notice provides additional guidance on the application of a service recipient’s death under § 409A of the Internal Revenue Code to nonqualified deferred compensation plans. This guidance includes:

Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.

  • a more precise definition of death (also known as “separation from life”),
  • presumptions the Service will apply in determining if a service recipient has experienced a separation from life under § 409A, and
  • examples detailing situations that the help illustrate the Treasury’s position on separation from life.”   

The rest you will want to read for yourself….

MORE at http://www.plansponsor.com/uploadfiles/notice2007-90.pdf   

«