Non-Qualified Deferred Compensation Plans

Comprehensive Guide to Nonqualified Deferred Compensation NQDC Part 2

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Part 2 of 2 in an in-depth look at the Fundamentals of Nonqualified Deferred Compensation. View/download Part 1 here:  www.fulcrumpartnersllc.com/wp-content/uploads/2017/10/FULCRUM-PARTNERS-NQDC-Guide.pdf View/Download Part 2 PDF here: www.fulcrumpartnersllc.com/wp-content/uploads/2017/10/FULCRUM-PARTNERS-NQDC-Guide-Part-2.pdf The WRMarketplace is created exclusively for AALU members by experts at Greenberg Traurig and the AALU staff, led by Jonathan M. Forster, Steven B. Lapidus, Martin Kalb, Richard A. Sirus, and Rebecca Manicone. WRMarketplace #17-43 …

Comprehensive Guide to Nonqualified Deferred Compensation NQDC

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Click this link to download this report as a pdf. When it comes to an executive’s individual preparedness for retirement, both the executive and the organization may have questions about how a Nonqualified Deferred Compensation Plan benefits each party. This two-part series addresses many of the uncertainties and concerns. The WR Marketplace is created by experts at Greenberg Traurig and …

COLI and TOLI, Funding Alternatives for Nonqualified Plans

Fulcrum Partners Executive Benefits News

Taxable Vs. Tax Efficient COLI and TOLI: Funding Alternatives for Nonqualified Plans   Pay as You Go (do nothing) Taxable Securities Corporate Owned Life Insurance (COLI) Taxable vs. Tax Efficient Taxable securities Selected for all types of nonqualified plan funding. Able to provide a range of alternatives that may be allocated to meet plan specific needs. Most effective if company …

FULCRUM WHITE PAPER 409A and 457

Substantial Risk of Forfeiture: IRC 409A and 457

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Summary: Substantial Risk of Forfeiture, IRC 409A and 457.  After the U.S. Treasury announced changes and modifications to Sections 409A and 457 of the Internal Revenue Code this past June, it also initiated a standard period during which comments could be filed regarded the proposed changes. The deadline for submitting comments to the IRS, regarding modifications to Sections 409A and 457, closed on September 20, …

nonqualified-deferred-compensation-plan

Taxes at the Optimal Time. Your Need for a Nonqualified Deferred Compensation Plan

Fulcrum Partners Executive Benefits News

Taxes … at the Optimal Time YOUR NEED FOR A NONQUALIFIED DEFERRED COMPENSATION PLAN A nonqualified deferred compensation plan, NQDC, can provide you flexibility and control in planning when you receive compensation payouts. Income taxes on the payments received are not paid until the year you receive your money. By choosing to defer distributions while you are working (and your tax rate is potentially higher), you can …

Reward Retain Key Talent Fulcrum Partners

Recruit. Retain. Reward … Retire.

Fulcrum Partners Executive Benefits News

Recruit. Retain. Reward … Retire. NQDC plans can provide employers critical leverage to recruit, retain, reward through to retirement, the key talent that enables the organization to achieve its goals, maintain stability, and satisfy board members and stakeholders. Inspire/influence the behavior of key performers by customizing contribution and vesting schedules to use as performance rewards for executives. A company’s NQDC plans …

NQDC platform is ideally suited for claw back arrangements

SEC Approves Request for Vote Proposed by BoA Shareholder

Fulcrum Partners Executive Benefits News

SEC Approves Request for Vote Proposed by BoA Shareholder At Fulcrum Partners LLC, we’ve long thought that the nonqualified deferred compensation platform is ideally suited for claw back arrangements.  See how Bank of America is taking it to a new level. An article written by Deon Roberts and published by The Charlotte Observer (February-10-2016) provides updates and insights on a request …

Nonqualified Deferred Compensation Plans: Don’t Ignore All of the Other Rules

Fulcrum Partners Fulcrum Partners NEWS

In a blog post  released this past Monday and authored  by Michael S. Melbinger of Winston & Strawn LLP, Melbinger takes a closer look at the recently released IRS Audit Technique Guide for Nonqualified Deferred Compensation Plans.  Noting that the headline about the release “looked promising,” and that this is the first IRS update since 2005, Melbinger said, “The new Audit Technique Guide (ATG) …

Nonqualified Deferred Compensation Section 409A Compliance

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

  (June 5, 2015) Ponte Vedra Beach, Florida  Nonqualified Deferred Compensation Section 409A Compliance Executive benefits consulting firm,  Fulcrum Partners LLC, is pleased to distribute this AALU Washington Report to its clients and friends.   This continuing series of articles is intended to provide deep insight into trends, events, and issues that impact the design and operation of nonqualified executive benefit …

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 …