As the federal income tax structure is being re-tooled yet again, employers are evaluating the use of nonqualified plans as a strategy for positioning the organization’s executives to save more effectively for retirement. Why employers use nonqualified deferred comp plans includes benefits both for the organization and for its executives.
Last month, the U.S. Department of Labor (DOL) issued a press release aimed at defined benefit plan sponsors, plan fiduciaries, record keepers, and plan participants. For the first time, the DOL’s Employee Benefits Security Administration issued cybersecurity guidance.
Critical insights on executive pay for women.
Organizations linking executive compensation with ESG goals (environmental, social and governance) are gaining shareholder support for their actions.
For public companies, the time to update executive compensation practices is now: Final regulations issued under IRC Section 162(m) and ARPA further expands class of covered employees.
On January 11, 2021, IslerDare PC published their “Employee Benefits Update”, addressing important aspects of the Consolidated Appropriations Act.
Your first strategic step in making executive comp decisions in 2021 starts with Fulcrum Partners.
As we all wait for the dust to finally settle around the 2020 Presidential election, you’ll be interested in this look at potential tax policy changes
In 2016, a split-dollar life insurance agreement between the University of Michigan and its head football coach, Jim Harbaugh, received extensive publicity. (Read Tax Reform Elevates Split-Dollar Arrangements As Incentive Plan). Harbaugh’s agreement, as reported by Dan Murphy, ESPN, (2016) and a Freedom of Information Act request, shapes up like this, “In addition to paying a $5 million salary for …
If there is a Social Security COLA 2021, it is likely to be modest, at best. At some point, between now and the election, the Social Security Administration will publish its annual announcement regarding any Cost of Living Adjustment (COLA) for next year. Fox Business quoted The Senior Citizens League as saying the Social Security cost of living adjustment for …