• How the New Deferred Compensation Rules Affect Employer Plans
  • January 19, 2006
  • Law Firm: Mayer, Brown, Rowe & Maw LLP - Chicago Office
  • On October 4, 2005, the IRS published proposed regulations (the "Proposed Regulations") relating to the nonqualified deferred compensation rules imposed by Section 409A of the Internal Revenue Code. This memorandum summarizes the key aspects of the Proposed Regulations and highlights some of the significant effects of the guidance on different types of plans. This memorandum is not intended to be a detailed summary of the Proposed Regulations and does not address all of the issues raised by the Proposed Regulations.