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4/28/2010

Boyd Addresses Section 409A Webinar

Cleveland counsel John Boyd was invited by The Knowledge Congress to address its April 28, 2010, webinar, "Correction of Errors and Drafting of Plan Documentation under Section 409A Clarified-IRS Notice 2010-6 Released."

Boyd, who has over twenty years of experience advising clients on a wide variety of employee benefits matters, was a member of the panel which addressed:

  • Overview of importance of Notice 2010-6 to the creation & maintenance of proper 409A plan documentation 
  • Types of plan documentation errors in various types of plans cover by Notice 2010-6
  • Steps for correcting 409A various documentation errors under Notice 2010-6
  • "Last chance" retroactive opportunity for correcting "bad" documents, including improperly linked qualified and nonqualified retirement plans, and plans not amended prior to the ยง 409A December 31, 2008 form compliance deadline
  • "Best practices" document drafting process hints suggested by Notice 2010-6