For a great article on how employers sponsoring retirement and deferred compensation plans can ensure compliance with current law changes, see Year-End Employee Benefits And Executive Compensation Checklist by Nancy L. Ober, Littler Mendelson, P.C., Dec. 15, 2006. The article points out that certain actions that must take place by December 31, 2006 and there are new requirements and opportunities effective at the beginning of the 2007 plan year.
The laws discussed include final 401(k)/401(m) regulations; the Pension Protection Act of 2006; deferred compensation rules and hurricane relief legislation.