Featured Jobs
|
MAP Retirement
|
|
MAP Retirement
|
|
Pension Investors Corporation
|
|
Sentinel Group
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
DWC - The 401(k) Experts
|
|
BPAS
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Regional Vice President, Sales MAP Retirement
|
|
3(16) Retirement Plan & Customer Liaison Compass
|
|
Pattison Pension
|
|
Retirement Relationship Manager MAP Retirement
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
IRS Ruling Creates Uncertainty Regarding What Constitutes Performance-Based Compensation Under Internal Revenue Code Section 162(m)
McDermott Will & Emery 
[Guidance Overview] Feb. 11, 2008
Excerpt: It is believed that the Ruling is incorrect. The mere presence of the involuntary and good reason termination provisions should not be treated as sufficient to indicate that the employee would absolutely receive the compensation in each year regardless of whether the performance goal is attained and regardless of whether a termination occurs.... It is recommended that companies give serious consideration to modifying their plans and/or agreements to comply with the Ruling on a going-forward basis.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |