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Re: nieves post# 237577

Friday, 11/21/2008 3:49:00 PM

Friday, November 21, 2008 3:49:00 PM

Post# of 432690
Earlier 8K regards IRC Section 409A

I just received an excert from a 66 page presentation on making sure companies are in compliance with the final regulations that the IRS issued last year related to 409A. Apparently there are some pitfalls and companies are advised to modify their plans to insure compliance. My guess is that IDCC's update to their plan that was disclosed in the 8K was caused by the company complying with the updated law.
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