The Prospects For Executive And Retirement Plans In '06

Hersch, Warren S.
December 2005
National Underwriter / Life & Health Financial Services;21/19/2005, Vol. 109 Issue 48, p44
The article reports on the speech on executive and retirement plans by American College professor John McFadden at the college's annual tax conference in December 2005. He advises businesses not to violate Internal Revenue rules on nonqualified deferred compensation. The Pension Security and Transparency Act of 2005 aims to improve funding requirements for single-employer defined benefit pension plans.


Related Articles

  • Defer with Caution. Carnes, Gregory A. // CPA Journal;Oct2006, Vol. 76 Issue 10, p46 

    The article discusses how the new rules that govern nonqualified deferred-compensation (NQDC) plans create hazards for NQDC. NQDC plans have become an essential element of executive compensation during the last decade. NQDC plans are attractive because companies can provide substantial...

  • Executive Compensation. Schneider, Paul J. // Journal of Financial Service Professionals;Sep2008, Vol. 62 Issue 5, p34 

    The article discusses the exemption of executive deferred-compensation ("top hat") plans from the U.S. Employee Retirement Income Security Act of 1974 (ERISA). The uncertain definition of what constitutes a top hat plan is discussed, noting that the U.S. Department of Labor (DOL) has not issued...

  • Government proposes halving deferred state pension increase. Crawford, Robert // Employee Benefits;7/23/2014, p3 

    The article reports that the British government has proposed that the deferred state pension increase rates be halved with effect from April 6, 2016. As per the current rule, workers in Great Britain who reach the state pension age before April 6, 2016, can defer their state pension from an...

  • PAY CHART. Robertson, Jamin // Employee Benefits;Aug2005, p35 

    Explores employee benefit issues facing remuneration committees in Great Britain. Executive-level pay packages; Pensions changes; Introduction of pensions life time allowance; Adoption of performance-based pay; Popularity of bonuses and long-term incentive plans; Interest in deferred bonus...

  • Nonqualified Deferred Comp Plans Still At Top Of The Charts. Hersch, Warren S. // National Underwriter / Life & Health Financial Services;11/21/2005, Vol. 109 Issue 44, p10 

    The article cites a survey indicating the popularity of nonqualified deferred compensation plans funded by corporate-owned and trust-owned life insurance among Fortune 1000 companies. The use of supplemental executive retirement plans have declined from 2004. an increase was observed on the use...

  • HOW WORKERS USE 401(k) PLANS: THE PARTICIPATION, CONTRIBUTION, AND WITHDRAWAL DECISIONS. Bassett, William F.; Fleming, Michael J.; Rodrigues, Anthony P. // National Tax Journal;Jun98, Vol. 51 Issue 2, p263 

    This paper examines how workers use 401(k) plans by examining their participation, contribution, and withdrawal decisions. Sixty-five percent of eligible workers participate in 401 (k) plans. Employee participation rises with income, age, job tenure, and education. While participation also rises...

  • Living With GASB 45: How to Manage Liabilities Associated With Retiree Medical Benefits. Thoen, Frank; Wade, Daniel // Benefits Quarterly;2008 First Quarter, Vol. 24 Issue 1, p39 

    The Governmental Accounting Standards Board Statement 45 (GASB 45) obliges public employers to disclose liabilities related to postretirement medical benefits. Most state and local government entities are beginning to analyze and quantify how GASB 45 liabilities will affect their balance sheets...

  • The Future of 401(k): Cues From the High Technology Industry. Gregson, Kevin J. // Benefits Quarterly;1989 Third Quarter, Vol. 5 Issue 3, p58 

    In a dynamic world, what better way to gain a perspective on the future than to look closely at the merchants of change? Such revolutionary cultural dynamics as the information age and the global economy were created in large part by high tech industry. Many challenges facing employees in the...

  • Shifting Responsibility to Workers: The Future of Retirement Adequacy in the United States. Steinberg, Allen; Lucas, Lori // Benefits Quarterly;2004 Fourth Quarter, Vol. 20 Issue 4, p15 

    While many 401(k) participants at large companies can expect replacement of nearly 100% of preretirement income, not all workers participate in their 401(k) plan. Moreover, the authors show that even among participants, the extent of retirement preparedness depends on defined benefit (DB) plan...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics