Bloomberg BNA's Pension & Benefits Blog is a special resource offered by Bloomberg BNA to provide commentary and insight on news and trends reported in our publications: Pension & Benefits Daily, Pension & Benefits Reporter, and the Benefits Practice Resource Center. The authors of the blog are members of our Benefits Practice Resource Advisory Board and members of staff (who contribute summaries of some of their recent stories).
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August 6, 2014
by Mary Hughes
The Internal Revenue Service's
current compliance initiative project was created as a formalized audit program
to assess compliance with tax code Section 409A, an IRS official said during a
Bloomberg BNA webinar.
May 14, 2014
Section 409A audits of selected taxpayers are under way, an Internal Revenue
Service official said at a bar association meeting.
November 8, 2013
The Internal Revenue
Service and Treasury Department expect to get guidance out to cafeteria plans
“very, very soon” on the retroactive application of the Supreme Court's Windsor
decision, a Treasury official said.
February 3, 2012
by Susan J. Daley
At the end of 2008 we were all scurrying to be sure we had identified and amended all arrangements that involved 409A deferred compensation. That is more than 3 years ago and we may not currently be as focused on identifying 409A arrangements and issues as we were in 2008. Yet it is important to consider 409A issues today.
August 17, 2009
by Diane J. Fuchs
For those of you who work on the compensation portion of employment agreements or the compensation payout (severance) provisions of employment termination agreements, you should be aware of a recent piece of guidance issued by the EEOC on ADEA waivers in exchange for severance payment agreements.
September 24, 2008
Full compliance with Section 409A is scheduled to be required in less than four months, by January 1, 2009. This deadline is the result of the considered and responsive review by personnel from Treasury, the IRS and the legislative branch last year, as 2007 ran its course.
September 2, 2008
A front page article in the August 4th edition of the Wall Street Journal outlines a method by which companies are transferring portions of their non-qualified deferred compensation obligations of senior executives into their qualified plans.
Initiative Gathers Section 409A Data For Compliance Check, IRS Official Says
Recent SCOTUS Benefit Decisions Pose New Questions for Litigation, Panelists Say
Overview of U.S. v. Windsor and its Effect on Employee Benefits
Dudenhoeffer Ruling Benefits Both Sides, Attorneys Who Argued Case Agree
Obstacles Loom for House Legislation On Frozen Retirement Plans, Speaker Says