Unraveling the New Legal Complexities,
Avoiding Severe Tax Penalties
***Prepare Now for 1/1/09 Compliance
With the Final 409A Regulations***
CD of Teleconference with Q&A
Click here for program outline
Conducted on Wednesday, October 22, 2008
Now available on CD
Sponsored by the Legal Publishing Group of Strafford Publications
Employment Law Teleconference Advisory Board
The final regulations to IRS Section 409A, effective Jan. 1, 2009, impose sweeping changes on severance pay plans and severance agreements. A company's failure to comply can result in severe IRS penalties, including income tax assessments, interest and a 20% additional tax.
Listen as our panel of employee benefits attorneys explains the impact of 409A on severance pay plans and severance agreements. The panel members will discuss steps companies should take immediately in designing, drafting, and administering severance plans and agreements to ensure compliance.
The panel included:
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.
Annita M. Riddick, Senior Counsel, Energy Future Holdings Corp., Dallas. She prepares executive arrangements, compensation programs and plan documents, resolutions and communications to implement approved compensation and benefits strategies.
Joseph Cartafalsa, Partner, Putney Twombly Hall & Hirson, New York. He represents management in all aspects of labor and employment law and related litigation and represents employers on their rights and obligations under employment-related laws and regulations.
The panel reviewed these and other key questions:
- What ERISA and 409A issues must be considered in severance plans and agreements?
- What are some best practices for complying with the new 409A regulations as they relate to severance plans and agreements?
- What are the penalties for failing to comply with 409A?
- What steps should companies take now to transition from the interim 409A rules to the final regulations?
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.