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29Jul

6th Circuit Case Emphasizes Potential Employer Liability to Participants for 409A Violations

Although employees face additional taxes and decreased benefits resulting from employer failures involving nonqualified deferred compensation (NQDC) plans, they may sue employers to recover their losses. For ERISA-covered NQDC plans, such claims may...
By: Kilpatrick Townsend & Stockton LLP
Source Url: https://www.jdsupra.com/legalnews/6th-circuit-case-emphasizes-potential-38981/

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