of Deferred Compensation
CD of Teleconference with Q&A
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Conducted on Wednesday, May 7, 2008
Now available on CD |
The 409A final regulations, effective January 1, 2009, impose sweeping changes on the design and administration of nonqualified deferred compensation plans. The new rules also impact other employment arrangements, including severance plans, equity arrangements and bonus plans.
Failure to comply with the 409A final regulations could result in severe financial penalties, including income tax assessments, interest and a 20% excise tax.
Employers must prepare now to comply with the new regulations, and counsel must be ready with guidance for complying, as well as determining how to deal with the impact of the changes on existing employment arrangements.
Listen as our experienced panel of employee benefits attorneys explains the key requirements of 409A and steps companies should take immediately in designing, drafting, and administering their plans to ensure compliance.
The panel included:
Michael T. Frank, Partner, Morrison & Foerster, Palo Alto, Calif. He focuses his practice in executive compensation and employee benefits. He regularly advises companies on deferred compensation arrangements.
Andrew Oringer, Partner, White & Case, New York. He is Co-Head of the firm's U.S. Executive Compensation and Benefits Practice. He counsels clients on employee benefits plans and represents employers in negotiating executive employment agreements.
Steven J. Friedman, Shareholder, Littler Mendelson, New York. He chairs the firm's Employee Benefits Practice Group and has extensive experience analyzing issues related to 409A.
The panel reviewed these and other key questions:
- What are the most significant changes for deferred compensation plans under the new 409A regulations?
- What are the penalties for failing to comply with 409A?
- What are some best practices for complying with the new 409A regulations?
- What steps should companies take now to transition from the interim rules to the final regulations?
- What do employers with workers in foreign jurisdictions need to know about the international provisions of 409A?
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TELECONFERENCE CD
Purchase a CD-ROM of the full conference proceedings, including Q&A and PDF files of all handouts (available 10 days after the program).
- Regular Price - $297 (plus $9.45 S&H)
- With Teleconference Registration – an additional $75 (plus $9.45 S&H)
CLE credit is available for an additional $65 each for attorneys seeking CLE credits for NY or CT. Other states may grant CLE credits for listening to this CD - check with your state about applying for self-study credit on CD-listening.