Countdown for Deferred Compensation: Why 2004 is the Year for Updating Distribution Elections and Deferring Stock Plan Gains
By J. Mark Poerio
Because Congress recessed for the summer without appointing a joint committee to move the ETI legislation, tax legislation will not occur before September at the earliest. The prospect of legislation passing before November will dim with each passing day after Congress returns. Nevertheless, there is no denying that radical new limitations on deferred compensation appear inevitable.