Nonqualified Deferred Compensation Answer Book

Book excerpt: The past few years have seen major changes in the area of executive compensation. With recent legislation and regulations imposing new limits on executive pay, it is more important than ever for you to have the most current information when it comes to compensating executive talent. Nonqualified Deferred Compensation Answer Book provides the necessary guidance on: How to design, fund, implement, and operate a plan tailored to the specific needs of your organization Staying in compliance with the many rules and requirements Keeping on top of the new tax, legislative, and regulatory changes that affect nonqualified arrangements And much more! In addition to answering over 500 key questions, Nonqualified Deferred Compensation Answer Book provides a host of special features, including: Dozens of examples, pointers, notes and cautions Overviews and Case Studies on each key area Citations for researching a particular item in greater detail ERISA, IRS, and securities law considerations Nonqualified Deferred Compensation Answer Book has been updated to include: ;Discussion of the new IRS national program examining eligible deferred compensation plans established under Code Section 457(b) Analysis of the Taxpayer Relief Act of 2013 and its impact on nonqualified plans Examination of Sposato v. First Mariner Bank and whether a creditor is permitted access to a participant's benefits under the garnishment law Updated discussion on termination of split-dollar life insurance arrangements Recent changes to the Form W-2 for nonqualified plans Impact of the Patient Protection and Affordable Care Act's (PPACA) additional Medicare tax in 2013 Discussion of whistleblower rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act Discussion of Code Section 162(m)(6), added by PPACA, which limits the deduction for compensation paid to an officer, a director, or an employee of a "covered health insurance provider" for years beginning after December Updated discussion on the excess benefit plan definition Explanation of recent regulatory guidance issued regarding limits on executive pay