Deferred Compensation News and Updates

Deferred Compensation News brings you the latest information and insights on 409A nonqualified deferred compensation; institutional COLI, BOLI, and ICOLI; tax-and cost-efficient non-COLI funding strategies; low-cost tax managed non-COLI asset/liability designs; executive benefits benchmarking; succession planning and timely issues of executive pay and benefits. 
November 05, 2013

Do Your Company’s Retirement Plans Really Work?

Video

Fulcrum Partners LLC, executive benefits consultancy, releases new video created to focus on the questions of retirement plans in a whole new way. Developed with the assistance of the creative team at YDraw, this video asks the thought-provoking question, “Do your company’s retirement plans really work?”
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October 28, 2013

Rabbi Trusts – An Important Adjunct to Deferred Compensation Plans

Fulcrum Partners News

Washington Report (October 25, 2013) Ponte Vedra Beach, Florida – Executive benefits consulting firm, Fulcrum Partners LLC, is proud to share this AALU WR Marketplace Report on:  Rabbi Trusts – An Important Adjunct to Deferred Compensation Plans In our continuing efforts to educate our clients on the regulatory and tax issues impacting deferred compensation plans, we are sending you this AALU report on Rabbi Trusts.  The AALU WRMarketplace Report, prepared by the AALU staff and Greenberg Traurig, one of the nation’s leading law firms in tax and wealth management, provides both background and  current views on these important issues. MARKET TREND:  Recent increased interest in deferring compensation makes it important for advisors to understand how rabbi trusts might be used to assist clients in establishing and maintaining deferred compensation plans. In addition, corporate owned life insurance (“COLI”) has gained popularity in this low-interest and increasing income tax environment.  Life insurance, whose cash value grows on a tax-deferred basis, can often provide fixed rates of return that exceed yields available elsewhere.  The holding of life insurance by a rabbi trust may provide additional benefits. SYNOPSIS:  Rabbi trusts can provide executives with some security for the future payment of their deferred compensation
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October 14, 2013

Executive Benefits Consultants, Fulcrum Partners LLC, Shares AALU WRMarketplace Report

Fulcrum Partners News

Washington Report (October 10, 2013) Ponte Vedra Beach, Florida – Executive Benefits Consultants, Fulcrum Partners LLC, is proud to share this AALU WRMarketplace Report on: “Constructive Receipt and Economic Benefit Principles in Deferred Compensation Planning Arrangements” In our continuing efforts to educate our clients on the regulatory and tax issues impacting deferred compensation plans, we are sending you this AALU report on two important issues to consider when designing a deferred compensation plan. The AALU WRMarketplace Report, prepared by the AALU staff and Greenberg Traurig, one of the nation’s leading law firms in tax and wealth management, provides both background and current views on these important issues. MARKET TREND: With high-earning executives increasingly focused on income tax planning, deferring compensation often will be a primary objective. Taxpayers and advisors will need to understand fundamental principles of income taxation to effectively implement deferred compensation arrangements as a part of the overall tax plan. SYNOPSIS: Individuals pay taxes not only on amounts actually received, but also on amounts they constructively receive, as well as the value of any economic benefit conferred upon them. This report provides an overview of how these principles of taxation are applied, particularly with regard to compensation deferral. TAKE
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October 07, 2013

Fulcrum Partners Teams With Triathlete Jordan Rapp Sharing Message of World Bicycle Relief

Fulcrum Partners News

Working with branding partner Jordan Rapp, Fulcrum Partners LLC, is helping to promote awareness of World Bicycle Relief.  Every time a $134 donation is made to this 501(c)(3) foundation, the life of one person–and four others connected to him or her–is enriched in a meaningful way. Below is the full content of the Fulcrum Partners LLC media release. The release is also available for download and sharing at this link: Fulcrum Partners LLC Media Announcement October 7. Fulcrum Partners Teams With Triathlete Jordan Rapp Sharing Message of World Bicycle Relief PONTE VEDRA BEACH, FL– (October 7, 2013) For the fifth consecutive year professional triathlete, ITU Long Distance World Champion, and five-time Ironman champion Jordan Rapp is hosting his annual fundraiser for World Bicycle Relief. Fulcrum Partners LLC, one of the nation’s leading and largest executive benefits consultancies, and branding partner with Rapp, is sharing the message of this important cause as Jordan Rapp seeks to raise $100,000 to help bring bicycles to rural Africa. (Donate now: http://www.crowdrise.com/RappstarCharityChallenge.) World Bicycle Relief’s Buffalo Bikes, which are assembled locally near the African villages where they are distributed, are purpose-built to withstand African terrain and conditions. A single donation of $134 provides a bicycle
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September 19, 2013

“Top-Hat Plan” Exemption Compliance for Deferred Compensation Arrangements

Fulcrum Partners News

(September 19, 2013) Ponte Vedra Beach, Florida -Executive benefits consulting firm, Fulcrum Partners LLC, together with Washington, DC-based AALU, has released a new Washington Report on: “Top-Hat Plan” Exemption Compliance for Deferred Compensation Arrangements. One of the most frequently asked client questions regarding their nonqualified executive benefit plans concerns “Top-Hat” compliance. The AALU Washington Report, prepared by the AALU staff and Greenberg Traurig, one of the nation’s leading law firms in tax and wealth management, provides both background and current views on this important issue. The full report is available below, from Scribd and is also posted on SlideShare.com. You may also download the report at: https://www.fulcrumpartnersllc.com/wp-content/uploads/2013/09/AALUWashingtonReport13-37Fulcrum.pdf “Top-Hat Plan” Exemption Compliance for Deferred Compensation Arrangements by Fulcrum Partners LLC
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August 31, 2013

Labor Day Perspective from Fulcrum Partners LLC

Fulcrum Partners News

Perspective is always beneficial. As you head for the lake, the beach, or the backyard grill this weekend, you are no doubt grateful for the Labor Day holiday and a little extra time to relax. But Labor Day was not born in the spirit of a leisurely 3-day weekend and the opportunity to sleep late. Instead, the Labor Day holiday, established by Congress in 1894, was signed into law only days after US Marshals and more than 12,000 Army troops were called to quell violence erupting between striking railway workers and local police. More than a quarter million railway workers were involved across 27 states, and at its worst, train cars were overturned, 1 engineer and 13 striking workers were killed, hundreds of passengers were injured, and property damage in many areas was catastrophic. Much has changed in the American workplace since that tumultuous time. And although there are many ways that work environments and experiences can still improve, Labor Day gives us all time to pause and reflect, feeling gratitude that we live and work in a time of opportunities and possibilities. The team at Fulcrum Partners wishes you and those you love, a safe, relaxing Labor Day weekend. 
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July 16, 2013

Fulcrum Partners Shares Inspirational Message of Triathlete Jordan Rapp

Fulcrum Partners News

Fulcrum Partners has just released an announcement to the media sharing a story you might not expect to hear from an Executive Benefits Consultancy. Fulcrum Partners, Managing Director Tom Chisholm, who is a competitive triathlete himself, found the story of Jordan Rapp so inspirational he shared it first with the Fulcrum Partners team, who quickly realized they wanted to share it with their clients and others in the their industry. You can read Jordan Rapp’s remarkable story of discipline, inner strength, and amazing person triumph on the page Fulcrum Partners has dedicated to this inspiring, uplifting account: Fulcrum Partners Inspire. You’ll find the full media release below and on Scribd  and SlideShare. Fulcrum Partners Shares Inspirational Message of Triathlete Jordan Rapp PONTE VEDRA BEACH, FL– (July 16, 2013) – American professional triathlete Jordan Rapp won the ITU Long Distance World Championship in 2011 and added his fourth and fifth triathlon wins in 2012, winning both the Ironman US Championship in New York and Ironman Texas. His remarkable accomplishment becomes even more extraordinary when you learn that he achieved these victories after being the victim of a near fatal hit-and-run bicycling accident. Now Fulcrum Partners LLC, one of the nation’s leading and largest
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July 03, 2013

Fulcrum Partners LLC Wishes You a Happy Independence Day, July 4, 2013

Fulcrum Partners News

All of us at Fulcrum Partners LLC wish you and your family a safe, happy, and relaxing July 4th holiday. “In the truest sense, freedom cannot be bestowed; it must be achieved.”  Franklin D. Roosevelt Remember that we are here, at Fulcrum Partners, to help you as you seek to achieve your life goals and strive toward your own personal “independence day.”
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May 02, 2013

Fulcrum Partners Releases Report on Deferred Income and Higher Taxes

Fulcrum Partners, a One Digital Company Media Releases

PONTE VEDRA BEACH, FL– (May 2, 2013) – Executive benefits consultancy Fulcrum Partners LLC announces the release of the white paper: “Advantages to Pre-Tax Deferral of Income in an Uncertain Tax Environment.” Authored by Steve Broadbent (Fulcrum Partners LLC, Atlanta, GA) and Chris Nyland (Fulcrum Partners LLC, Charleston, SC), the report takes an analytic look at the common practice of deferring compensation and what that really means financially to the individual given today’s unpredictable tax environment. Presenting actual case studies, the report shows how to consider recent and future tax rate changes and investment returns when analyzing whether to participate in your employer’s nonqualified deferred compensation plan (DCP). Steve Broadbent explains, “We continue to hear concerns from deferred compensation plan participants about the potential impact of higher taxes in the future. The objective of this analysis is to demonstrate that the pre-tax deferral of income continues to provide greater results as compared to after-tax investing if taxes continue to rise in the future.” Chris Nyland adds, “The economy is beginning to recover, albeit a limited recovery. As this happens, new optimism arises in how DCP participants feel about their employers and their individual financial plans.” The full report is available from Fulcrum
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April 23, 2013

Kristine Kopsiaftis of Fulcrum Partners Elected to SFCB Board of Directors

Fulcrum Partners, a One Digital Company Media Releases

Kristine Kopsiaftis of Fulcrum Partners Elected to SFCB Board of Directors Fulcrum Partners LLC released the following announcement to the media on April 23, 2013. The release appears below and is also available on Sribd at: Kristine Kopsiaftis of Fulcrum Partners Elected to SFCB Board of Directors and on SlideShare at Kristine Kopsiaftis of Fulcrum Partners Elected to SFCB Board of Directors  (Delray Beach, FL) (April 23, 2013) Kristine Kopsiaftis, Managing Director of Fulcrum Partners LLC, has been elected to the Board of Directors for the South Florida Compensation and Benefits Association. Board Members of SFCB provide relevant programs, professional development, student mentoring programs and networking opportunities for professionals engaged in compensation and benefit planning. Kopsiaftis will serve as the SFCB Co-Director of Membership for the association, which includes business professionals from Broward, Miami-Dade, and Palm Beach counties, Florida. Established in 1987, the South Florida Compensation and Benefits Association, includes leaders from area companies who are committed to fostering education and the exchange of information among compensation and benefits practitioners and policy makers. Recognized as the premier organization in South Florida in the field of total rewards, the SFCB is a member of World at Work’s Local Network (LN). As a
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