Over the last several years, Congress and other governmental agencies have made significant changes to the rules governing executive compensation and nonqualified deferred compensation plans. These changes include those mandated by section 409A of the Internal Revenue Code, added in 2004, and the introduction of new compensation disclosure rules by the Securities and Exchange Commission in 2006.

Employers who maintain nonqualified deferred compensation plans for their executives and employees must be aware of these new rules, which require that many of these plans be amended; in addition, employers must also address new tax reporting rules, new disclosure and proxy statements. Employers who fail to comply with these new rules put themselves and their employees at risk of paying significant penalties.

Bricker & Eckler LLP has created this Executive Compensation Resource Center to keep employers and other plan sponsors aware of these changes, and to provide information about the steps they need to take to ensure that their nonqualified deferred compensation plans comply with the new laws and regulations.

Please use the links on the left to navigate through this resource center.