NQDC

162 Bonus Plans – The Basics.

Topics: COLI/BOLI, NQDC

Thursday, May 28, 2015WRM#15-19 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…

Death Benefit Only Plans – Not Dead Yet.

Topics: COLI/BOLI, General life insurance, NQDC

Thursday, March 5, 2015WRM#15-08 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…

Court Rules Executive Has No Legal Right to Life Policy Funding SERP

Topics: COLI/BOLI, NQDC

The U.S. District Court in Collins entered summary judgment in favor of the employer against an executive who claimed breach of fiduciary duty and wrongful denial of benefits. The suit was brought when the employer terminated a nonqualified top hat deferred compensation plan and paid participants only the net present value of their account balance.