Rendering of planned Kivu HIlls Academy in Rwanda

Fulcrum Partners and Valmark Global Gift Fund Celebrate Progress in Rwanda School Project

Fulcrum Partners Executive Benefits News, Fulcrum Partners Giving, Fulcrum Partners NEWS

Fulcrum Partners has issued the following media release today, May, 19, 2015, as an update on the progress at the Kivu Hills Academy, a project supported by Fulcrum Partners and the Global Gift Fund of Valmark Securities.   FOR IMMEDIATE RELEASE Fulcrum Partners and Valmark Global Gift Fund Celebrate Progress in Rwanda School Project (Ponte Vedra Beach, FL) With the …

409A Correction: IRS Chief Counsel Memorandum clarifies that correction of Section 409A failures …

Fulcrum Partners Executive Benefits News

409A Correction: IRS Chief Counsel Memorandum clarifies that correction of Section 409A failures in year of vesting will not shield income inclusion under 409A Following up on a topic we blogged about recently, (see blog post “409A Corrections Clarified,” from May 6)  is this update from Poskauer’s ERISA Practice Center Blog, titled: IRS Chief Counsel Memorandum clarifies that correction of Section …

409A Correction for Unvested Amounts Clarified

Fulcrum Partners Executive Benefits News

The National Law Review has published a short article by Covington Law Firm Partner, Robert Newman, titled, “409A Correction for Unvested Amounts Clarified.” The article reviews a recently released chief counsel advice memorandum intended to clarify the mechanism for correcting 409A violations. As the article points out, the discovery of a 409A violation generally spurs the search for ways to correct the problem. …

2015 Tax Season NQDC Alert

Fulcrum Partners Executive Benefits News, Fulcrum Partners Media Release

This article on tax planning tips for nonqualified deferred compensation plans is reprinted with permission of myNQDC.com, a respected source of information, content, and tools on nonqualified deferred compensation.  Download as a PDF or read the full release below. NQDC Alert: What’s New For the 2015 Tax Season – Fulcrum Partners by Fulcrum Partners LLC

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 …

Fulcrum Partners facilitates Burkina Faso Festival

Update on Burkina Faso Event

Fulcrum Partners Fulcrum Partners Giving, Fulcrum Partners NEWS

Led by Fulcrum Partners Managing Director, Scott Cahill, we were honored to play a role in helping make the Burkina Faso festival a reality. The following update, with quotes from Scott, has been shared by the Luis Palau Association. You can read more on the website (www.palau.org/news/media-resources/press-releases/item/burkina-faso-report) and see the photos from the festival here (www.flickr.com/photos/luispalau). More than 35,000 attend Festival in Burkina …

Happy Holidays from Fulcrum Partners

Happy Holidays from Fulcrum Partners

Fulcrum Partners Fulcrum Partners NEWS

Merry Christmas, Happy Hanukkah,  and Happy Holidays from all of us at Fulcrum Partners! Steve Broadbent Atlanta, Ga Tom Chisholm Chicago, Il Christopher H. Nyland Charleston, Sc David H. Fisher Columbus, Oh Kristine Kopsiaftis Delray Beach, Fl Roy Imai Honolulu, Hi Gus Comiskey, Jr. Houston, Tx Stephen M. Kaufman Houston, Tx Phillip L. Currie, Jr. Los Angeles, Ca Scott Cahill Orlando, …