In a memorandum released earlier this month, the IRS Office of Chief Counsel ruled that a retention bonus payable to an executive violated Section 409A of the Internal Revenue Code ("409A"). The IRS further ruled that the...more
Just a note to let you know that the updated COBRA model General and Election Notices can now be found at www.dol.gov/ebsa/compliance_assistance.html.
The Consolidated Omnibus Budget Reconciliation Act of 1985...more