Finally! Proposed Regulations Issued for 457(f) Plans and 409A Plans

After almost nine years of waiting, finally IRS has issued proposed regulations for 457(f) plans! In MarketBeat, Susan Diehl writes that the new proposed regulations for government and tax-exempt 457(b) and 457(f) plans and for profit-companies’ top-hat plans under Internal Revenue Code Section 409A made expected changes and discusses what the regs mean.