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 “Mike Powers, Fulcrum Partners, Recognized as a Catalyst Leader 2022”
July 26, 2022

Mike Powers, Fulcrum Partners, Recognized as a Catalyst Leader 2022

Mike Powers

Mike Powers has been recognized by Fulcrum Partners, a OneDigital Company, as a Catalyst Leader 2022. Mike joins four other young leaders at the executive benefits firm in receiving this honor.
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Featured image for “Sam Robert Recognized as Catalyst Leader by Fulcrum Partners, a OneDigital Company”
June 21, 2022

Sam Robert Recognized as Catalyst Leader by Fulcrum Partners, a OneDigital Company

Mike Powers

Fulcrum Partners, a OneDigital Company, announced Sam Robert as a 2022 Catalyst Leader.
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June 14, 2022

Fulcrum Partners, a OneDigital Company, Continues to Evolve in Executive Benefits

Mike Powers

Fulcrum Partners, a OneDigital Company continues to distinguish its service capabilities as one of the nation’s leaders in nonqualified deferred compensation, participating this week as part of the Evolve 2022 Retirement + Wealth National Conference.
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June 06, 2022

Updated Nonqualified Plan Accounting Guide

Mike Powers

Fulcrum Partners, a OneDigital Company, has released the 2022 nonqualified plan accounting guide.
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Featured image for “Fulcrum Partners, a OneDigital Company Recognizes Christine Scott as a Catalyst Leader”
April 05, 2022

Fulcrum Partners, a OneDigital Company Recognizes Christine Scott as a Catalyst Leader

Mike Powers

Atlanta, GA – (April 5, 2022) Fulcrum Partners, a OneDigital Company and a leading executive benefits consulting firm, announced the selection of Christine Scott as one of the organization’s Catalyst Leaders. Christine, who is a Vice President – Retirement is the second of five Fulcrum Partners team members to be recognized by the organization as a 2022 Catalyst Leader.
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March 01, 2022

Fulcrum Partners, a OneDigital Company Recognizes 5 Catalyst Leaders

Mike Powers

Fulcrum Partners, a OneDigital Company and a leading executive benefits firm announces the selection of five Catalyst Leaders. Kenny DePaola, Vice President – Retirement, is the first of five Fulcrum Partners team members to be recognized by the organization as a Catalyst Leader.
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December 21, 2021

Fulcrum Partners Reminds Taxpayers about Charitable Donations in 2021

Mike Powers

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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September 14, 2021

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

Mike Powers

Fulcrum Partners team announces NQ Connect at the Wealth + Retirement EVOLVE National Conference.
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June 22, 2021

Fulcrum Partners SVP Advocates for Increased Public Safety

Mike Powers

Steve Broadbent, Senior Vice President, Retirement, at Fulcrum Partners, a OneDigital Company, saw his advocacy for increased public safety in Johns Creek, Georgia, come to fruition with the ribbon cutting of Fire Station 64. The new fire station is intended to significantly improve the fire department’s service delivery and response time in the northern and west central areas of Johns Creek, an Atlanta suburb.
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October 29, 2019

Fulcrum Partners Executive Benefits Hires Chief Administrative Officer

Mike Powers

PONTE VEDRA BEACH, FL — (October 29, 2019) Fulcrum Partners, executive benefits advisory, announces the hiring of Mike Powers, the firm’s new Chief Administrative Officer. Powers, who assumed the newly created role earlier this month, will manage the firm’s day-to-day operations and help facilitate strategic initiatives. Fulcrum Partners is one of the nation’s leading executive benefits consultancies and currently has more than $7 Billion in assets under management. With growth and expansion in all areas, the company has launched Enterprise 20/20, a forward-looking plan that is both strategic and tactical. “Essentially every aspect of our firm,” said Cofounder and Managing Director, Scott Cahill, “is impacted by Fulcrum Partners’ growth initiatives. The addition of a Chief Administrative Officer at this time is very important for us.” Mike comes to Fulcrum Partners with more than twelve years of experience, having served as the Executive Director, and prior to that the Vice President of Operations/Human Resources at an executive benefits and retirement consulting firm based in Ohio. Cofounder and Managing Director Bruce Brownell said, “Our blueprint for the decade ahead is vigorous. Given the growth and accomplishment Fulcrum Partners has achieved in the past twelve years, we are approaching 2020 prepared to maintain
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