• Year-End Deadline for Section 409A Document Compliance Correction
  • September 22, 2012
  • Law Firm: Alston Bird LLP - Atlanta Office
  • This advisory serves as a heads-up to review your deferred compensation plans and agreements NOW to be sure they have the “magic language” to be in compliance with Code Section 409A by year-end. Failure to make a simple document correction by December 31, 2012, could result in stiff tax penalties to unsuspecting employees.