Secction 409A of the Internal Revenue Code was added by the American Jobs Creation Act of 2004.1 On April 17, 2007,2 the Internal Revenue Service issued final regulations—nearly 400 pages in length—which took effect Jan. 1, 2008.3 Together, IRC Section 409A and the final regulations provide a comprehensive set of rules regulating the taxation of nonqualified deferred compensation (NDC). Since its enactment, Section 409A compliance has become a fundamental checklist issue for ...

All Access Premium Subscription

Your subscription will include 12 months of Trusts & Estates magazine, access to premium content on, and Trusts & Estates plus iPad app.

Already registered? here.