An Overview of the New Section 457(f) Regulations



Ralph DeJong and Joseph Urwitz wrote this bylined article on the “long-awaited” proposed IRS regulations under Internal Revenue Code Section 457(f), which harmonize deferred compensation plans of tax-exempt organizations with similar arrangements under Section 409A By addressing severance pay, non-competes and vesting dates, the authors wrote, “After nine years, the proposed regulations [present] unexpected changes and opportunities.”