YES, WE HAVE NO DEDUCTIONS ...
WE HAVE NO DEDUCTIONS TODAY!
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In Booth v. Commissioner of Internal Revenue, the United States
Tax Court decided on Tuesday that the once-heavily-marketed "Prime
Plan" is subject to the special deduction limits of Internal
Revenue Code section 419, and does not qualify for the 10-employer
exception from those deduction limits described in section
419A(f)(6).

Several companies who made large single-premium contributions to
the welfare benefit plan (which paid severance and death
benefits), in hopes of securing large immediate deductions, will
not be able to write off the contributions after all. (The case
might be appealed, of course.)

Full text of the opinion is on BenefitsLink, at

   http://www.benefitslink.com/cases/booth.html



BUT WE DO HAVE JOBS AVAILABLE
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Looking? Maybe looking? Keep an eye on the listing of employee
benefit job openings, which appears on BenefitsLink at

   http://www.benefitslink.com/jobs/

Employers nationwide are using the page to advertise for benefits
personnel, including Fidelity, CIGNA, Vanguard, Barnett Banks,
VALIC, Wells Fargo, Tektronix ... all kinds of benefits jobs for
all kinds of employers.