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| Be Careful with Deferred Compensation -- New Rules May Cost You Money Now TheStreet.com  Feb. 2, 2005 Excerpt: Nonqualified deferred compensation plans must have restrictions or 'substantial risks of forfeiture' in place to qualify. .... For instance, one company's 'substantial risk of forfeiture' might be that you need to stay with the company for five years to qualify for your bonus, says Mark Luscombe, a principal federal tax analyst with CCH, a provider of tax and business law information. Another risk could be that you must meet certain performance goals to get the money. |
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