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 “Fulcrum Partners Managing Director Phil Currie Speaking at PLANADVISER National Conference”
September 12, 2019

Fulcrum Partners Managing Director Phil Currie Speaking at PLANADVISER National Conference

supplemental executive retirement program

PONTE VEDRA BEACH, FL — (September 12, 2019) Fulcrum Partners Managing Director Phil L. Currie Jr. will be a featured speaker at the 2019 PLANADVISER  National Conference (PANC 2019). The event will be held September 16 -18, 2019 at the JW Marriott Grande Lakes in Orlando, Florida. Designed exclusively for retirement plan advisers and consultants, the conference will attract elite members of the retirement planning profession from across the US.   Scheduled to present on Tuesday, September 17, 2019 on “The Value of Supplementary Plan Options,”  Phil Currie will discuss ways  retirement advisers and consultants can help their clients attract, retain and reward the key employees and executives who drive the success of their business, while helping those employees better save for retirement. Joining Phil in discussing the topic will be Jeff Roberts, Regional Channel Manager, ADP. “Retirement advisers,” explained Phil, “are increasingly looking at adding supplementary plan options to their practice using cash balance, nonqualified deferred compensation and employee stock ownership plans (ESOPs) as ways to increase leads and drive deeper wallet share. During our presentation, we’ll be discussing how advisers can integrate supplementary savings plans to help grow their practice while at the same time delivering additional value
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October 23, 2015

IRS Announces 2016 Pension Plan Limitations

supplemental executive retirement program

IRS Announces 2016 Pension Plan Limitations; 401(k) Contribution Limit Remains Unchanged at $18,000 for 2016 Ponte Vedra Beach, FL — (October 23, 2015) —  The IRS announced yesterday that there will be no cost of living adjustments for qualified pension and defined contribution plans.  The important retirement plan limits for 2016 and 2015 are summarized below: 2016 2015 Elective Deferral Limit for 401(k) and 403(b) Plans $18,000 $18,000 Age 50 Catch Up Limit for 401(k) and 403(b) Plans $6,000 $6,000 415 Defined Contribution Plan Limit $53,000 $53,000 Qualified Compensation Limit $265,000 $265,000 Highly Compensated Employee Limit $120,000 $120,000 Key Employee Officer Compensation Limit $170,000 $170,000 Social Security Taxable Wage Base $118,500 $118,500 Read the complete IRS announcement here: IRS Announces 2016 Pension Plan Limitations (October 21, 2015) About Fulcrum Partners LLC : Fulcrum Partners LLC (www.fulcrumpartnersllc.com) is one of the nation’s leading and largest executive benefits consultancies. A team of experienced industry professionals, the consultants at Fulcrum Partners focus on an integrated approach to the design, financing, and plan administration of executive benefits programs. Fulcrum Partners LLC is a wholly independent, member-owned firm dedicated to helping organizations enhance their Total Rewards Strategy. Founded in Ponte Vedra Beach, FL in 2007, today the company has
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April 23, 2013

Kristine Kopsiaftis of Fulcrum Partners Elected to SFCB Board of Directors

supplemental executive retirement program

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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February 20, 2013

Fulcrum Partners LLC Releases Report on Executive Benefits in a Downturn Economy

supplemental executive retirement program

PONTE VEDRA BEACH, FL– One of the nation’s largest executive benefits consultancies, Fulcrum Partners LLC, announces the release of the white paper: “Using SERPs to Create a Balanced Executive Compensation Program.” The authors of the report, Peter Lupo and Bruce Brownell, look at how a struggling economy can highlight the extent to which design flaws within some equity programs may have encouraged executives to take excessive risks that are contrary to the long-term financial interests of companies and their shareholders. Fulcrum Partners has made the report available as a download at www.fulcrumpartnersllc.com. Bruce Brownell, one of the company’s founders and a specialist in IRC 409A, explains, “Well-balanced risk and rewards are one of the foundations of an effective compensation program. Over the past two decades, stock-based incentives have been the primary means used by companies to motivate and retain valued executives. But the current economic downturn has exposed potential weaknesses in this approach. It is becoming increasingly clear that stock price alone does not always correlate with either executive performance or sustainable long-term shareholder value.” According to the report, in many situations the introduction of a supplemental executive retirement program, (SERP) helps promote a more diversified ‘portfolio’ approach to executive
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February 19, 2013

Fulcrum Partners Releases White Paper: Using SERPs to Create a Balanced Executive Compensation Program

supplemental executive retirement program

Fulcrum Partners LLC has released a new white paper report, titled, “Using SERPs to Create a Balanced Executive Compensation Program.” In many situations, the introduction of a supplemental executive retirement program, (SERP) helps promote a more diversified ‘portfolio’ approach to executive rewards. We invite you to read the full report to learn more. The report, authored by Peter Lupo and Bruce Brownell can be read below or on the following platforms: SlideShare at Fulcrum Partners LLC White Paper on SlideShare. Scribd at Fulcrum Partners LLC White Paper on Scribd. More about the Authors of Using SERPs to Create a Balanced Executive Compensation Program Peter Lupo, Managing Director and Head of the New York office, joined Pearl Meyer & Partners in 2006 with more than 20 years experience with executive compensation and benefits programs in a wide range of industries. He has worked extensively with Compensation Committees and management covering a variety of needs, including developing compensation philosophies for national and global companies; drafting CD&As; developing incentive designs; and advising on change-in-control, executive benefits and perquisites issues. Before joining PM&P, Peter Lupo held the national compensation practice leader role with Aon Consulting’s National Compensation Practice. He also has served as a Principal and Senior Executive Compensation Consultant with
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