Code §409A: Taxation of Nonqualified Deferred Compensation Arrangements UPDATED FOR FINAL REGULATIONS

August 23, 2007 Advisory

Code §409A, enacted in October 2004, significantly changed the federal tax rules that apply to nonqualified deferred compensation arrangements, effective as of January 1, 2005. Final Treasury regulations interpreting Code §409A, which are effective as of January 1, 2008, were published in the Federal Register on April 17, 2007.