Employee Stock Ownership Plans (ESOPs)

  •  

    The Employee Retirement Income Security Act (ERISA), a federal law, sets standards for the establishment and operation of employee benefits plans. If you offer employees a health insurance plan or retirement plan, chances are you're covered by the Act. Some ERISA requirements apply to both retirement and welfare benefit plans. Welfare plans are...

    Hot Topic
  •  

    The IRS has announced a number of cost-of-living adjustments (COLAs) to retirement plans' dollar limitations for 2008. Reflecting low inflation, some important limits are unchanged, including the maximum pretax contribution to a 401(k) plan, which will remain at $15,500. The following limits are effective for plan years and...
  •  

    After taking full distributions from their pension plans, two former employees sued Guidant Corporation under the Employee Retirement Income Security Act (ERISA) for breach of fiduciary duty. ERISA's enforcement provisions protect the rights of participants and beneficiaries, but does that protection extend to former participants...
  •  

    The IRS recently issued final regulations in two areas: cash or deferred arrangements (CODAs) under Section 401(k) of the Internal Revenue Code and matching contributions and employee after-tax contributions under Section 401(m). Those regulations were last updated in 1994, but there have been significant legislative and IRS...
  •  

    The Employee Retirement Income Security Act (ERISA) imposes a host of burdensome, mind-numbing technical requirements on employers that sponsor employee benefits plans, both retirement plans (such as pension and 401(k)) and welfare plans (such as health, life, and disability insurance). The tradeoff for employers sponsoring plans...
  •  

    The Employee Retirement Income Security Act (ERISA) imposes a host of burdensome, mind- numbing technical requirements on employers that sponsor employee benefits plans, both retirement plans (such as pension and 401(k)) and welfare plans (such as health, life, and disability insurance). The tradeoff for employers sponsoring plans...
  •  

    On July 17, 2003, the IRS published comprehensive proposed regulations updating the rules that apply to 401(k) savings plans. The proposed regulations should be effective no earlier than the first plan year beginning at least 12 months after the date when the regulations are finalized, although employers may be allowed to apply...
  •  

    Most employers are familiar with the Employee Retirement Income Security Act (ERISA), but many aren't familiar with the fact that employment discrimination claims can arise under the Act. A recent case from the federal appeals court in St. Louis outlines the standards for those cases. ERISA provision ERISA...
  •  

    The U.S. Supreme Court has let stand a key Ninth Circuit decision that the Employee Retirement Income Security Act of 1974 (ERISA) doesn't preempt certain state law claims filed by employees. The central question was whether ERISA prevented former employee- shareholders from filing claims such as negligence, fraud, and breach of...
  •  

    Many of you provide benefits to employees in the form of stock options and stock purchase plans. A new ruling by the IRS delays taxing those benefits. The IRS has determined that until further guidance is issued, it won't impose social security (FICA) or unemployment (FUTA) taxes or federal income tax withholding to...
Syndicate content