On October 22, 2004, President Bush signed the American Jobs Creation Act of 2004, including new Internal Revenue Code Section 409A. Section 409A dramatically changes the nonqualified deferred compensation landscape. The new rules are effective on January 1, 2005 and require immediate attention to many plans.
The teleconference discussed the new rules and provided guidance on what employers should do while awaiting further IRS guidance. In the coming months, we expect to present additional sessions for each of our for-profit and tax-exempt clients to discuss the IRS guidance.
Ropes & Gray Speakers
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.