How does Section 409A affect the amendment of non-qualified deferred compensation plans?

May 16, 2024 ... 409A is a very complicated tax code provision in the internal revenue code that regulates nonqualified deferred compensation. Dec 7, 2015 ... Upon vesting, compensation deferred under a noncompliant plan or arrangement will become subject to regular federal income tax, a 20% excise tax ... Under Section 409A, deferral elections must be made by the end of the taxable year before the year in which deferrals are made. Companies generally hold open ... Section 409A of the United States Internal Revenue Code is a complex and often counterintuitive set of tax rules applicable to non-qualified deferred ... Section 409A and its related regulations outline the specific requirements for the timing of deferral elections, and the designation of the time and ... Oct 30, 2023 ... NQDC Interest Determined Under Section 409A(a)(1)(B)(ii) · 20% of the amount required to be included in income; · Interest calculated on the ... Mar 7, 2022 ... However, the section 409A regulations on the valuation of nonpublic stock address only the setting of the exercise price of a nonqualified stock. appreciates this opportunity to comment on certain discrete portions of the Proposed Regulations under Section. 409A of the Internal Revenue Code (“Section ... Dec 4, 2013 ... Regardless, if the reimbursement constitutes taxable income for the employee and is subject to Section 409A of the Internal Revenue Code (the “ ... This article examines the scope of Section 409A and Notice 2010-6 and details the applicability of both to hedge funds and hedge fund managers.