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September 21, 2016 News

CLIENT ALERT: IRS Proposes to (Helpfully) Clarify Deferred Compensation Rules – Reduces Risk of Inadvertent Penalties under Section 409A

September 21, 2016 – The IRS recently issued proposed regulations under Internal Revenue Code Section 409A. These regulations will reduce the risk that Section 409A will penalize deferred compensation arrangements. The attached Client Alert reviews the clarifications proposed by the IRS.