U S Treasury and deferred compensation plans

Flexibility Offered for Deferred Compensation Plans of Tax-Exempt Organizations, Government Agencies

Fulcrum Partners Executive Benefits News

Flexibility Offered for Deferred Compensation Plans of Tax-Exempt Organizations, Government Agencies The article posted below was published by JD Supra Business Advisor, and authored by Brian Pinheiro and Diane Thompson of Ballard Spahr LLP. Originally released June 23, 2016, the article looks at two sets of proposed regulations under Sections 457 and 409A of the Internal Revenue Code. The U.S. Treasury Department has issued the proposed regulations, relating to deferred compensation plans of state …

IRS Announces 2016 Pension Plan Limitations

IRS Announces 2016 Pension Plan Limitations

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

IRS Announces 2016 Pension Plan Limitations; 401(k) Contribution Limit Remains Unchanged at $18,000 for 2016 Ponte Vedra Beach, FL — (October 23, 2015) —  The IRS announced yesterday that there will be no cost of living adjustments for qualified pension and defined contribution plans.  The important retirement plan limits for 2016 and 2015 are summarized below: 2016 2015 Elective Deferral Limit …

Review Compensation Arrangements Relating to Unvested Rights

Review Compensation Arrangements Relating to Unvested Rights Now

Fulcrum Partners Executive Benefits News

Now’s the Time to Review Compensation Arrangements Relating to Unvested Rights As the calendar year winds down, reviewing Compensation Arrangements related to unvested rights is a timely move. In an online article published last week by JD Supra and written by Kimberley Anderson, Jamison Klang, and Marianne O’Bara of Dorsey & Whitney LLP, the authors point out that as the end of the year approaches, correction …

The IRS defines requisites of recordkeeping for Plan Sponsors

IRS Releases the Nonqualified Deferred Compensation Audit Techniques Guide

Fulcrum Partners Executive Benefits News, Fulcrum Partners Media Release

IRS Releases the Nonqualified Deferred Compensation Audit Techniques Guide PONTE VEDRA BEACH, FL — (July 28, 2015) The Internal Revenue Service issued its Nonqualified Deferred Compensation Audit Techniques Guide in June of this year. According to this guide, the IRS examinations of nonqualified deferred compensation plans will primarily focus on: (1.) the timing when deferred amounts are includible in the …

SEC Proposes Rules on Compensation Clawback Policies

Compensation Clawback Policies: SEC Proposes New Rules

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

With Securities and Exchange Commission (SEC) proposed rule changes regarding compensation clawback policies potentially leading to Nasdaq, the NYSE, and other national securities exchanges and associations adopting listing standards applicable to listed companies, Fulcrum Partners recommends that listed companies plan for the review of existing incentive-based compensation arrangements and any other plans or agreements that are affected by incentive compensation, such as deferred compensation plans …

Acceleration of Benefits following Nonqualified Benefit Plan Terminations

8 Key Questions for IRC § 409A Compliance – The Gatekeeper to Structuring Effective Deferred Compensation Arrangements

Fulcrum Partners Fulcrum Partners LLC White Paper

8 Key Questions for IRC § 409A Compliance The Gatekeeper to Structuring Effective Deferred Compensation Arrangements Executive benefits consulting firm, Fulcrum Partners LLC, is pleased to distribute this AALU Washington Report, “8 Key Questions for IRC § 409A Compliance – The Gatekeeper to Structuring Effective Deferred Compensation Arrangements,” to its clients and friends. This continuing series of articles is intended …

162 Bonus Plans

162 Bonus Plans – The Basics for Employers

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

162 Bonus Plans – The Basics for Employers EXECUTIVE SUMMARY As the economy improves, employee talent is at a premium. Well designed executive benefit plans are important tools in both retaining and attracting top talent. One type of executive benefit plan, commonly referred to as a 162 bonus plan, is designed to provide supplemental benefits to select key employees. Generally, …

ncentive Pay Practices at Mid-Size Companies

Incentive Pay Practices at Mid-Size Companies

Fulcrum Partners Fulcrum Partners NEWS

Incentive Pay Practices at Mid-Size Companies In a detailed report released this month, Main Data Group, Inc., looks at incentive pay plan practices in mid-size companies. The report, INCENTIVE PLAN PRACTICES ALIGNING EXECUTIVE PAY WITH PERFORMANCE, was prepared by Steven Hall & Partners and  is based on data developed using the proprietary Snapshot Data(TM) executive compensation platform. Looking at more than 800 publicly traded …

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 …

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 …