409A Nonqualified Deferred Compensation Plans

In this episode of Issues of Interest, Adam Aucoin speaks with Connor Smart about deferred compensation and 409A. Connor explains what 409A is, why it is important, and what the consequences and penalties are for noncompliance. With the severe consequences of 409A plan failure in mind, Adam and Connor discuss some of the key points to keep a plan compliant under 409A, where plan failures most often occur, and some of the tax planning nuances and complexities surrounding nonqualified deferred compensation plans.


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Disclaimer of Liability: This publication is intended to provide general information to our clients and friends. It does not constitute accounting, tax, investment, or legal advice; nor is it intended to convey a thorough treatment of the subject matter.

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