Taxation and Funding of Nonqualified Deferred Compensation
Author: Michael G. Goldstein
Publisher: Section of Real Property Probate & Trust Law
Published: 1998
Total Pages: 360
ISBN-13:
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Author: Michael G. Goldstein
Publisher: Section of Real Property Probate & Trust Law
Published: 1998
Total Pages: 360
ISBN-13:
DOWNLOAD EBOOKAuthor: Marla J. Aspinwall
Publisher:
Published: 2021
Total Pages:
ISBN-13: 9781641059275
DOWNLOAD EBOOKThere are a variety of problems that can be addressed by nonqualified deferred compensation ("NQDC") arrangements. NQDC is essentially a compensation arrangement that provides for the payment of cash, property or benefits and does not come within one of the categories of deferred compensation arrangements which are "qualified" under applicable tax statutes.This updated and expanded edition of Taxation and Funding of Nonqualified Deferred Compensation is a complete and current resource for using this extremely flexible planning device to best address your client's financial goals. Written by specialists in the field, this book defines the perspective of both the employee and employer in using this planning tool. The authors demonstrate how NQDC can provide solutions to complex compensation issues and provide up-to-date information on:The ways that NQDC can be tailored to serve the needs of employers and employees, and the tax consequences for eachDifferences in the timing of NQDC benefits under income tax and FICA rulesHow NQDC arrangements can be structured to comply with Section 409AOpportunities to minimize potential estate and income taxes on death benefits paid under NQDCHow Section 457 of the IRC is applicable to NQDC arrangements for tax-exempt organizations and the unique burdens this puts on state and tax-exempt employers and their employeesHow NQDC impacts social security benefits, and when the risk of forfeiture should be structured to lapse in order to avoid substantial reductions in these paymentsUsing NQDC with other plans, including split-dollar and 401(k) wrap plansIssues with financial accounting and securities laws, and more
Author: Albert D. Spalding
Publisher:
Published: 1985-01-01
Total Pages: 346
ISBN-13: 9780131997615
DOWNLOAD EBOOKAuthor: Herbert Chasman
Publisher: Irwin Professional Publishing
Published: 1978
Total Pages: 372
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1989
Total Pages: 1110
ISBN-13:
DOWNLOAD EBOOKAuthor: David I. Walker
Publisher:
Published: 2017
Total Pages: 55
ISBN-13:
DOWNLOAD EBOOKAlthough nonqualified deferred compensation plans lack explicit tax preferences afforded qualified plans, it is well understood that nonqualified deferred compensation results in a joint tax advantage when employers earn a higher after-tax return on deferred sums than employees could do on their own. Several commentators have proposed tax reform aimed at leveling the playing field between cash and nonqualified deferred compensation, but reform would not be easy or straightforward. This Article investigates nonqualified deferred compensation practices and shows that joint tax minimization often takes a backseat to accounting priorities and participant diversification concerns. In practice, the largest source of joint tax advantage likely stems from use of corporate owned life insurance (COLI) to informally fund nonqualified deferred compensation liabilities, suggesting that narrow reform aimed at COLI use might be a more attractive policy response than fundamental reform of the taxation of nonqualified deferred compensation.
Author: Henry A. Smith
Publisher: Aspen Publishers
Published: 1995-11-20
Total Pages: 512
ISBN-13: 9781567060980
DOWNLOAD EBOOKAuthor: Stephan R. Leimberg
Publisher: Longman Financial Services Publishing
Published: 1989
Total Pages: 282
ISBN-13: 9780884628347
DOWNLOAD EBOOKContents: An Overview of Deferred Compensation; Marketing Strategies; Legal Tax Strategies; Appendix; Index. This comprehensive guide spells out opportunities as well as legal and tax ramifications for financial pros offering deferred compensation plans to corporations and organizations. 15 charts/graphs.
Author: Bruce J. McNeil
Publisher:
Published: 1992
Total Pages: 296
ISBN-13:
DOWNLOAD EBOOKAuthor: Brian Berglund
Publisher:
Published: 2017
Total Pages: 0
ISBN-13: 9781641050203
DOWNLOAD EBOOKThis third edition now covers 250 of your most frequently asked questions about Sections 409A and 457.