Hot Topics
"Investors Pull Money Out of Their 401(k)s" |
"Economic and stock-market
tremors are rattling the nest egg." The Wall Street Journal
reports on the increase in hardship withdrawals and the
reduction of stock mutual fund exposure by 401(k) investors.
Click
here for the September 23, 2008 article. |
"What Happens to Your Benefits After Bankruptcy" |
The Wall Street Journal
identifies some of the important things to consider if your company is
facing the possibility of bankruptcy. Click
here for the
September 23, 2008 article. |
"Qualified" Supplemental Executive
|
AALU Washington Report
provides insight into the issues surrounding QSERP usage and responds
to The Wall Street Journal article (August 4, 2008) which depicts the
technique as a "dubious use of tax laws" that can adversely affect a
company's qualified pension plans. Click
here to read the
AALU Bulletin No: 08-76. |
"IRS slams door on pension transfers" |
Business Insurance
reports on the IRS's ruling that transferring a frozen defined benefit
pension plan from the sponsor to a financial services firm does not
comply with current law. Click
here for the August 11, 2008
Business Insurance article. Read
the IRS press release and
ruling. For information on The Ross Companies' comprehensive services for frozen defined benefit pension plans, click here. |
"Participant
Notices – An Analysis of
|
William
E. Hansen, Esq. of McDermott Will & Emery LLP has prepared an overview of required participant notices for health and welfare plans and defined contribution plans. This excellent and informative compilation appears in the July 4, 2008 Tax Management Compensation Planning Journal. Click here to read the article reproduced on the McDermott website. |
"'Say on
pay' fervor flags in firms"
|
InvestmentNews
reports
that while the number of 'say on pay' proposals may be increasing,
their approval by shareholders is decreasing. July 22, 2008.
Click
here for
the article. |
"Retiree Benefits Take Another Hit" |
The Wall Street Journal reports on General Motors Corp.'s plan to end retiree health benefits. July 16, 2008. Click here for the WSJ article. |