For a more detailed explanation of the section 409A requirements, please see the alerts posted below.

December 9, 2008
IRS Expands Correction Program for Section 409A Operational Errors

October 23, 2007
IRS Extends Section 409A Transition Relief and Deadlines to December 31, 2008

September 11, 2007
IRS Extends Section 409A Documentation Compliance Deadline to
December 31, 2008; Much Remains To be Done in 2007

April 12, 2007
Treasury Issues Final Regulations on Section 409A Executive and Deferred Compensation Restrictions

February 9, 2007
IRS Establishes Limited Compliance Resolution Program for Section 409A Violations Arising from Exercises of Discounted Stock Options and SARs in 2006

October 16, 2006
Certain Section 409A Transition Relief Extended to January 1, 2008

January 25, 2005
Treasury Issues Guidance On New Section 409A Rules For Nonqualified Deferred Compensation Plans

 Members of our Employee Benefits and Executive Compensation Group have significant experience advising clients on complex section 409A issues. For more information, please contact Brian M. Pinheiro (pinheiro@ballardspahr.com or 215.864.8511) or any member of Ballard Spahr's Employee Benefits and Executive Compensation Group.