Executive Employment Agreements: Powell Goldstein LLP, Law Firm

Executive Employment Agreements

Application of Deferred Compensation Rules under Code Section 409A to Separation Pay Arrangements - 02/06/06
Employee Benefits & Executive Compensation
February 6, 2006

Edmund Emerson III
Steven G. Schaffer

The Treasury Department and the Internal Revenue Service have issued proposed regulations regarding the application of Section 409A of the Internal Revenue Code to nonqualified deferred compensation plans or arrangements.

Non-Qualified Deferred Compensation Plans - 10/04
Emp. Benefits & Exec. Compensation

Richard L. Arenburg
Armin G. Brecher
Paul F. Concannon
Castles R. Hollis
Steven G. Schaffer

On October 22, 2004, President Bush signed the American Jobs Creation Act which has created the need for significant changes to many nonqualified deferred compensation plans and arrangements before the end of 2004.

2005 Cost of Living Adjustments Announced - 11/04
Emp. Benefits & Exec. Compensation

Richard L. Arenburg
Armin G. Brecher
Paul F. Concannon
Castles R. Hollis
Steven G. Schaffer

The IRS recently announced the cost-of-living adjustments applicable to dollar limitations for tax-qualified retirement plans.

Charging Participants' Accounts for Plan Expenses - 05/03
Emp. Benefits & Exec. Compensation

On May 19, the Department of Labor ("DOL") issued a Field Assistance Bulletin (FAB 2003-3) that significantly changes the DOL's position on charging participants' accounts for certain plan-related expenses.

Our Client Alert (in PDF format) details the DOL's new position.