• Nonqualified Deferred Compensation Plans Under The Jobs Creation Act Of 2004 (Hr 4520)
  • October 17, 2004
  • Law Firm: Foley & Lardner LLP - Milwaukee Office
  • The American Jobs Creation Act of 2004 was approved by Congress on Monday, October 11, 2004, and it is generally expected that the President will sign the Bill when it reaches him. The reason for this special Employee Benefits Newsletter is that the much-discussed provisions applicable to nonqualified deferred compensation plans are included in this legislation and are generally effective for "amounts deferred" after December 31, 2004.