Oct 31, 2022 | Firm Overview Articles, Employee Benefits & ERISA News
Ahead of its November 1st deadline, the Internal Revenue Service (“IRS”) has announced the following 2023 annual limits for qualified retirement plan contributions, the highest increases ever issued by the Agency in a single year: For 401(k), 403(b), and 457(b) plans,... read more
Jun 15, 2022 | Firm Overview Articles, Employee Benefits & ERISA News
Executive Summary This article explores the key legal and practical elements involved in the establishment and operation of a multi-member entity, including: type of entity; taxation; reporting; corporate and member liability; distributions; compensation, operating v.... read more
May 24, 2022 | Firm Overview Articles, Employee Benefits & ERISA News
I work with corporate clients on a daily basis regarding executive benefit plans and overall brainstorming on ways to best meet their short-term and long-term needs. One of the most discussed areas in the past few years has undoubtedly centered on deferred... read more
Mar 28, 2022 | Firm Overview Articles, Employee Benefits & ERISA News
This article is co-authored by Emily Langdon, Partner at Fraser Stryker PC LLO, and Jacob Bosacki, Senior Consultant at Mullin Barens Sanford Financial. Executive Summary This article explores how a company can use a deferred compensation plan (“DCP”) as a tool to... read more
Dec 9, 2021 | Firm Overview Articles, Employee Benefits & ERISA News
Background In a recent estate plan review with a corporate client, I was introduced to a very unique and lucrative concept. As an employee benefits attorney, I regularly draft documents to support buy-sell agreements, executive benefit plans, and nonqualified deferred... read more
Oct 27, 2021 | Firm Overview Articles, Employee Benefits & ERISA News
What is split-dollar life insurance? Split-dollar life insurance is a contract between two or more parties to split the ownership and benefits of a permanent life insurance policy with a cash value component. Split-dollar contracts are most often used by companies to... read more
