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. 
Featured image for “Tom Chisholm, Fulcrum Partners a OneDigital Company, Accepted into Forbes Business Council”
January 20, 2022

Tom Chisholm, Fulcrum Partners a OneDigital Company, Accepted into Forbes Business Council

media releases

Atlanta, GA – (January 18, 2022) Tom Chisholm, Vice President – Retirement, Fulcrum Partners, a OneDigital Company, will continue his role as part of the Forbes Business Council for 2022. Tom, who is a key member of the Fulcrum Partners team, supports the executive benefits advisory needs of clients in the Chicago area and nationally. For the third consecutive year he will also be serving as part of Forbes Chicago Business Council.
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December 21, 2021

Fulcrum Partners Reminds Taxpayers about Charitable Donations in 2021

media releases

ATLANTA, GA — (December 21, 2021) Fulcrum Partners, a OneDigital Company, reminds U.S. federal taxpayers that the temporary tax break for charitable donations to qualified organizations continues through December 31, 2021, even for taxpayers who do not itemize their deductions. This special ruling, currently scheduled to expire on January 1, 2022, was put in place as part of the CARES Act of March 2020. Last December lawmakers extended the deduction through 2021. “For many companies, families and individuals, end-of-year charitable giving is as much a part of the holiday season as hanging stockings or decorating a tree,” said Fulcrum Partners Managing Director Mike Powers. “But our team wanted to remind taxpayers that with this provision of the CARES Act likely ending this month, they may want to ensure that their seasonal charitable donations are counted before the year ends.” With a commitment to “Leadership through Service,” the team at Fulcrum Partners supports select charitable organizations, locally and worldwide. Among the organizations to receive charitable donations from Fulcrum Partners are Cristo Rey Network New York High School, Daniel Kids, Delray Beach Public Library, World Bicycle Relief, Boys and Girls Club of Bluffton, Arise Rwanda Ministries, Hugaroo, Chapman University, Junior Achievement Orange
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Featured image for “Split-Dollar Life Insurance Webinar for Nonprofit Organizations, Hosted by Monte Harrick, Fulcrum Partners”
October 07, 2021

Split-Dollar Life Insurance Webinar for Nonprofit Organizations, Hosted by Monte Harrick, Fulcrum Partners

media releases

Monte Harrick, Senior Vice President Retirement, Fulcrum Partners, a OneDigital Company, will host an open webinar on the use of split-dollar life insurance as an effective business strategy for rewarding key employees while increasing the likelihood of employee retention. The webinar will be held on Tuesday, October 19, 2021, at 11:00: a.m. Pacific Time/ 2:00 p.m. Eastern Time.
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Featured image for “Fulcrum Partners Announces NQ Connect During Wealth + Retirement EVOLVE National Conference”
September 14, 2021

Fulcrum Partners Announces NQ Connect During Wealth + Retirement EVOLVE National Conference

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Fulcrum Partners team announces NQ Connect at the Wealth + Retirement EVOLVE National Conference.
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March 16, 2021

Fulcrum Partners Reports on Executive Benefits Post 2020

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Fulcrum Partners, a OneDigital Company, has released a new report, “CFO Decision Making: Integrating Executive Benefits into Employee Engagement.”
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Featured image for “Fulcrum Partners Offering NQDC Webinar for Plan Sponsors and Participants”
October 22, 2020

Fulcrum Partners Offering NQDC Webinar for Plan Sponsors and Participants

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ORLANDO, FL — (October 21, 2020) Fulcrum Partners, a nationwide executive benefits advisory, is hosting an information-packed webinar for NQDC plan sponsors and plan participants.
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Featured image for “Fulcrum Partners Reports on 401(k) Compliance Testing Issues Created by COVID-19 Workforce Changes”
August 13, 2020

Fulcrum Partners Reports on 401(k) Compliance Testing Issues Created by COVID-19 Workforce Changes

media releases

PONTE VEDRA BEACH, FL — (August 13, 2020) Fulcrum Partners, a leading executive benefits advisory, announces the publication of “Will New 401(k) Compliance Testing Issues Arise Because of COVID-19 Workforce Changes?” The white paper, written by Fulcrum Partners Managing Director and Partner, Steve Broadbent, examines how the COVID-19 pandemic is creating challenges for plan sponsors required to perform specific nondiscrimination tests on the 401(k) plans they offer employees.
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September 26, 2018

Fulcrum Partners Sponsors TRASF Total Rewards Conference

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PONTE VEDRA BEACH, FL — (Sept. 26, 2018) The Total Rewards Association of South Florida (TRASF) will host the 2018 Total Rewards Conference October 18, at the Florida International University Kovens Conference Center in Miami, Florida. The one-day event will attract representatives from over one hundred organizations committed to fostering education and the exchange of information among compensation and benefits practitioners and policy makers. Attendees will include leaders in financial services, food service, healthcare, technology, hospitality, insurance, manufacturing, non-profit, retail, utilities and public and government agencies. Fulcrum Partners, a nationwide executive benefits advisory, is proud to be among the event’s sponsors. Kristine Kopsiaftis Lampert, Fulcrum Partners Managing Director, is based in Delray Beach, Florida, and serves both a local and a nationwide clientele. Kristine said, “Fulcrum Partners is excited to support this historic first-ever, Total Rewards event. The 2018 TRASF Total Rewards Conference will be an excellent opportunity for learning, networking and furthering understanding of how Total Rewards supports and facilitates Talent Management.” Kristine is an Accredited Investment Fiduciary (AIF) and holds Series 6, 63 and 65 registrations. Her expertise includes the creative design of executive benefit plans to help companies attract and retain top talent, retirement planning to provide employees
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August 08, 2018

Fulcrum Partners Helps Organizations Compete for and Retain Top Talent

media releases

PONTE VEDRA BEACH, FL — (Aug 8, 2018) With the objective of assisting executives and organizations in accurately evaluating compensation plans, Fulcrum Partners has released the short, informative video, “Is Your Pay Structured for Lifetime Optimization?” The 30-second clip previews the benefits benchmarking data and Retirement Income Replacement Ratio (RIRR) charts that Fulcrum Partners customizes for companies and top-tier executives. “For compensation committees and Human Resource executives to accurately assess how an executive is being rewarded,” said Fulcrum Partners Managing Director Chris Nyland, “they have to see how compensation is distributed, how it is taxed and if it is optimized to best benefit the executive over a lifetime.” Each peer group chart that Fulcrum Partners produces includes real names and hard data from the executive’s identified comparator group. By providing comparison charts that show how an executive’s benefits stack up against the benefits of his or her peers, Fulcrum Partners equips organizations to compete for, and retain, top talent and key employees. Fulcrum Partners makes its unique benchmarking comparison tables easily available to executives and organizations. “In many cases,” said Steve Broadbent, a Fulcrum Partners managing director, “we have already created the PURL, which stands for Personal URL, that presents
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Featured image for “Jonathan Kearn Joins Fulcrum Partners”
October 13, 2016

Jonathan Kearn Joins Fulcrum Partners

media releases

Fulcrum Partners Executive Benefits Expands Orlando Team Ponte Vedra Beach, FL (October 13, 2016) With the announcement of the addition of financial consultant, Jonathan Kearn, Fulcrum Partners LLC, continues its aggressive expansion as one of the leading and largest executive benefits consultancies in the United States. Kearn, who will join the Fulcrum Partners Orlando office, is the fifth new financial professional to become part of the Fulcrum Partners team this year. Scott Cahill, a company founder and the managing director of Fulcrum Partners Orlando says, “The Fulcrum Partners strategic growth plan has resulted in significant expansion in our Orlando, Chicago, and Los Angeles offices over the past eight months. We’ve also seen steady growth at our nine other nationwide locations. Jon Kearn, with twelve years of private practice experience providing effective and efficient financial solutions, exemplifies the type of young talent Fulcrum Partners is attracting as an executive benefits consultancy that is both highly knowledgeable and disruptively creative.” Jonathan Kearn, formerly with New York Life, grew up in his family’s success-driven business, Kearn and Associates. He is a University of Florida Honors Program graduate, a graduate of the NYLIC University Insurance Program, and holds a Series 6 Securities license and
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