BNA Webcast - §409A: New Document Corrections Program for Nonqualified Plans

Brigen Winters and Jeff Kroh will participate in the BNA webcast, "§409A: New Document Corrections Program for Nonqualified Plans" on January 28, 2010 from 12:30 - 02:00 PM ET.  The program will analyze new IRS guidance on correcting §409A plan document failures and will discuss opportunities and potential pitfalls under the guidance. The panel will identify commonly occurring hazards -- including ambiguous plan terms and impermissible definitions and payment events, to name just a few -- and will offer practical solutions to help you avoid costly and damaging results. Program highlights include:

• Identifying opportunities to correct certain document failures with limited or no income inclusion or additional taxes
• Reviewing the scope of this relief based on whether the correction affects plan operation within one year of the correction
• Understanding the special 2010 transition relief permitting certain document corrections without any income inclusion or additional taxes
• Analyzing common document correction scenarios and any related operational correction requirements
• Highlighting clarifications in the new guidance that certain common plan provisions do not result in document failures
• Noting clarifications to the operational correction program in the new guidance
• Discussing any alternatives to the operational and document correction programs

For more information, please visit www.bnatax.com/409A-webinar.