October 20th, 2017
Though not a required contribution, defined contribution (DC) plan sponsors may want to offer a true-up match to help participants maximize their savings for the year.
June 23rd, 2016
The proposed regulations clarify that the rules under Section 409A apply to nonqualified deferred compensation (NQDC) plans separately and in addition to the rules under Section 457A.
March 21st, 2016
Included in proposed nondiscrimination relief for closed DB plans is a change in how QSERPs can offer alternate benefit formulas for highly compensated employees.
October 14th, 2015
A federal court has ruled that a top-hat plan’s calculation and distribution of a lump sum in place of a retiree’s monthly installments after plan termination did not violate ERISA.
June 3rd, 2015
It’s an employee benefits topic that gets less press and touches relatively few people, but employers have a lot to gain by offering nonqualified deferred compensation plans.
March 25th, 2015
A U.S. Senate committee report calls NQDC plans a “tax avoidance” strategy.
May 15th, 2014
May 15, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has launched an audit initiative aimed at compliance with the rules for nonqualified deferred compensation plans under Code Section 409A.
May 10th, 2013
May 10, 2013 (PLANSPONSOR.com) – The New York State Department of Taxation and Finance decided a lump-sum payment from the non-qualified retirement plans of a bankrupt plan sponsor was not subject to state income tax.
March 20th, 2013
March 20, 2013 (PLANSPONSOR.com) – An executive who exercised stock options following the effective date of 409A regulations may not get the refund of taxes he requested.
June 20th, 2012
June 20, 2012 (PLANSPONSOR.com) - The deadline for amending affected deferred compensation arrangements to comply with the Code Section 409A documentation requirements that apply for payments contingent on execution of a release of claims is approaching.
February 8th, 2012
8, 2012 (PLANSPONSOR.com) – Eighty-three percent of firms report they offer a
non-qualified deferred compensation (NQDC) plan.
September 6th, 2011
September 6, 2011 (PLANSPONSOR.com) - Summit Alliance Financial has joined forces with Michael G. Goldstein and W. Garrett McDaniel, to form a new division, Summit Alliance Executive Benefits, LLC.
May 5th, 2011
May 5, 2011 (PLANSPONSOR.com) - Corporate Compensation Plans has introduced an executive compensation benefit program to protect highly paid employees' income and wealth accumulation plans.
April 29th, 2011
April 29, 2011 (PLANSPONSOR.com) – In the April 2011 edition of the Trucker Huss Benefits Report, attorneys from the firm list some common Internal Revenue Code Section 409A errors.
February 24th, 2011
February 24, 2011 (PLANSPONSOR.com) -
Hopefully you’ve noticed that we’ve posted up the agenda (and registration) for the PLANSPONSOR National Conference.
November 30th, 2010
November 30, 2010 (PLANSPONSOR.com) – The Internal Revenue Service has issued Notice 2010-80 providing additional relief for nonqualified deferred compensation plans covered under § 409A.
October 27th, 2010
October 27, 2010 (PLANSPONSOR.com) - Participants in nonqualified deferred compensation (NQDC) plans have a new online education resource: the Web site myNQDC.com.
October 21st, 2010
October 21, 2010 (PLANSPONSOR.com) – Employers with a non-qualified deferred compensation plan (NQDCP) that has not been amended to comply with Section 409A of the tax code have until year end to take advantage of a special offer to bring the plan into line.
August 1st, 2010
August 1, 2010 (PLANSPONSOR.com) – Even the most diligent registrant at the recent PLANSPONSOR National Conference (PSNC) would have been hard-pressed to keep up.
April 30th, 2010
April 30, 2010 (PLANSPONSOR.com) – Towers Watson has decided that it can continue to offer executive compensation consulting services along side its current offerings.