AALU Washington Report on Death Only Benefit Plans

Fulcrum Partners Executive Benefits News, Fulcrum Partners LLC White Paper

(March 10, 2015) Ponte Vedra Beach, Florida A new AALU Washington Report features an in-depth exploration of what Death Benefit Only plans are, which employees may be best served by this type of benefit, and how these plans are implemented. Special attention is paid to the taxation concerns for both employer and employee; these plans are typically subject to less …

Nonqualified Deferred Compensation Plan Participants

What Does Participant Really Mean when it comes to Nonqualified Deferred Compensation Plan?

Fulcrum Partners Executive Benefits News

From the Employee Benefits Law Report, an article by Greg Daugherty of Porter Wright Morris & Arthur LLP, looks at the scope and definition of who is a “participant” in a nonqualified deferred compensation plan. Daugherty points out that although companies have frequently considered the word participant to only include participants who are current employees, the courts may not always look at …

NQDC Plans and Employer Liability in Cases of Adverse Tax Consequence

Fulcrum Partners Executive Benefits News

McCarter & English, LLP, has authored an insightful look at employer responsibility in administering Nonqualified Deferred Compensation Plans (NQDC Plans), and the potential liability a company has when Plan participants face adverse tax consequences because of the company’s actions (or failure to take action). We’ve included below the full text of their article that discusses rulings by a federal district court in the case of Davidson …

Five Essentials of Pay for Performance – PSX Article

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Every organization has goals to meet, stakeholders to satisfy and a strong need to continually attract and retain talent, all of which must be accomplished while carefully maintaining balances of short-term and long-term compensation and variable versus guaranteed reward. This article in the latest issue of PSX: People Strategy Exchange features David H. Fisher of Fulcrum Partners, LLC and Thomas E. …

Electronic DOL Filing for Top Hat Plans to Be Mandatory

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Nonqualified deferred compensation “top hat” plans do not require annual Form 5500s. Instead, the Department of Labor requires a Top Hat plan disclosure letter whenever a new plan is implemented. Nonqualified Deferred Compensation Plans enable executives and other high-income earners to defer income beyond the limits of qualified 401(k) plans. These plans garner more attention any time there are tax …

IRS Announces 2015 Retirement Plan Limits

IRS Announces Retirement Plan Limits for 2015

Fulcrum Partners Executive Benefits News

Fulcrum Partners LLC, shares this update just released by the IRS regarding the changes for 2015 in the social security taxable wage base, qualified compensation limits, and other aspects of U.S. retirement plan limitations.  The full update appears below.   IRS Announces 2015 Retirement Plan Limits Ponte Vedra Beach, FL — (October 23, 2014) —  The IRS announced today the cost …

Financing the Golden Years Among Senior Retail Executives

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

The August issue of The Exchange for People Strategy online magazine contains this review of the last few years in retail sector retirement planning and deferred compensation suites for senior executives. Managing Directors Tom Chisholm and David Fisher lend their expertise to outlining the challenges in compensating key team members in positions outside of rank-and-file employees, as well as ways …

Changing Executive Compensation Plans & Performance-Based SERPs

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Online Human Resources publication “The Exchange for People Strategy”  recently published an article by Steve Broadbent and Tom Chisholm regarding the impact of changing regulations on executive compensation strategies, and how performance-based SERPs provide solid answers to maintaining a balanced and incentivizing compensation plan. The Exchange is a monthly publication you can receive directly to your inbox. We invite you to become a subscriber …

Fulcrum Partners Executive Benefits

Executive Benefits: If They Won’t Eat What You Are Feeding Them…

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Each month the executive benefits specialists at Fulcrum Partners authors a new article that is published in the Human Resources publication, “Exchange for People Strategy.”  The Exchange is a monthly publication you can receive directly to your inbox. We invite you to become a subscriber (no subscription fee) to The Exchange for People Strategy by emailing steve.broadbent@fulcrumpartnersllc.com. In your email, asked to be added to our Exchange subscribers list.  …