Deferred-comp plan rules spark concern.(United States. Internal Revenue Service)Russell, Roger
NQDC plans have the potential for tax-deferred growth, but they also come with substantial risks, including the risk of complete loss of the assets in your NQDC plan. We strongly recommend that executives review their NQDC opportunity with their tax and financial advisors. Deferred comp and ...
Wells rolls out FA retirement program.(WIREHOUSE B/Ds) The article reports on the launch of the Retirement Plan Advisor Program (RPAP) by the U.S.-based Wells Fargo Advisors LLC (WFA). It notes that the program was launched for the company's financial advisors specializing in retirement ...
method, or arrangement between an employer and an employee… topay the employee… in the future.” This is the key. The employer merely promises to pay you at a future date for earnings you could receive now. When the plan is structured by the employer correctly, money deferred through the...
The article discusses the Ohio Public Employees Deferred Compensation Program's issuance of a request for proposals for education, enrollment and customer service providers for its 457(b) plan. The contract with incumbent provider Nationwide Retirement Solutions will expire on June 30, 2014. Nationwide...
The article reports on the initiative of the Delaware State Treasury (DST) to forge an agreement with Fidelity Investments that will save its 457(b) and 403(b) plan participants roughly 500,000 U.S. dollars in fees over a three-year period. If the deal is approved, the participants who...
Chapelle, Tony
In 1996, Congress passed legislation that requires state and local government nonqualified...Oppenheimer, Mary
The article reports that the Delaware State Treasury (DST) is set to sign an agreement with Fidelity Investments that will save its 457(b) and 403(b) plan participants roughly 500,000 U.S. dollars in fees over a three-year period. If the participants who invest in Fidelity's target-...
When this legislation took effect; Examination of model language issued by the Internal Revenue Service.OppenheimerMaryNation's Cities Weekly