Section 409A

On June 22, 2016 the Internal Revenue Service issued new proposed regulations on the income inclusion provisions of Section 409A.  These regulations will be of interest to employers that have nonqualified deferred compensation plans that are subject to Section 409A of the Internal Revenue Code.

Federal Register is here

Section 457

On June 22, 2016, the Internal Revenue Service issued proposed regulations dealing with taxation of compensation deferred under plans established and maintained by State or local governments or other tax exempt organizations.  These proposed regulations will be especially important to tax-exempt organizations to consider with respect to their Section 457(b)–eligible and Section 457(f)–ineligible plans.

Federal Register is here