As the coronavirus stampeded through the nation's economy, executives of the New York State Deferred Compensation Plan moved quickly to keep participants informed to prevent reductions or delays in ...
Employer-owned life insurance remains overwhelmingly the favored vehicle to fund non-qualified deferred compensation plans among Fortune 1000 companies. And recent federal legislation governing plan ...
WASHINGTON — Senate Finance Committee leaders are working on a plan to resurrect legislation to cap deferred compensation, which they could reintroduce next month as part of a bill that would extend ...
In big firms' fight to avoid paying deferred compensation to advisors who jump to rivals, much of the legal wrangling has centered on federal retirement law. Processing Content But another factor is ...
Udpate Nov. 11, 2017: The version of the bill that passed the House does not include the new section 409B; and the Chairman's modified mark out of the Senate Finance Committee eliminated it. So, there ...
The fight over deferred compensation for advisors who have left their firms has now spilled over to Merrill. A putative class action suit filed in federal court in North Carolina late last month ...
It's open enrollment season for nonqualified deferred plans. Anyone ever participated in one? TLDR: in lieu of some user-defined % of 2018 comp, you get an unsecured IOU drawn on the employer's ...
Morgan Stanley won the latest battle in its ongoing legal struggle with dozens of financial advisors who accuse the company of wrongly withholding millions in deferred compensation. The advisors, all ...
You've climbed the corporate ladder, you're making good money and suddenly someone from human resources presents you with a newfangled employee benefit -- the opportunity to participate in a deferred ...
When the Federal Reserve put out guidance last year on how banks should manage their compensation plans to prevent excessive risk-taking, it put a special emphasis on deferred compensation plans, like ...
While deferred comp plans may encompass both salary and bonus for high-paid employees, most deferrals are just for bonuses. June 30 is the deadline for deciding whether to defer 2009 performance-based ...