You probably already know that you need to plan for the ESOP repurchase liability – the cost of buying back shares from terminated ESOP participants. But, you may not understand exactly what that liability is and what the ESOP fiduciary's role is in ...
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Article
ESOP Refinancing: Fiduciary Duties
At some points in the life of the ESOP loan, you may find it advantageous or necessary to refinance that debt. This article examines the factors fiduciaries should consider, including the benefit of the refinance to the company versus the ...
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ESOP Diversification Myths And Misunderstandings
Diversification – that often misunderstood process by which "qualified participants" can elect to have some of the shares in their ESOP account distributed to them in cash or rolled over to other investment options. Read this article for a ...
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Health Reimbursement Arrangement Can Be Used To Convert Unused Vacation And Other Leave Into Nontaxable Welfare Benefits
In the employee benefits arena, employers and advisors are often looking for ways to convert taxable wages or benefits into nontaxable benefits. One method that the IRS has recently recognized involves an employer's adoption of a "health ...
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Pension Investing: A Bird’s Eye View, Part I
Most retirement plan fiduciaries (either the trustees or the persons responsible for making plan investment decisions) get lost in a forest of competing investment choices, pursued by a pack of financial "advisors" who have the "best" way to invest ...
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Ready-To-Wear – Some Distinctions Between “Customized” And “Off-The-Rack” Benefit Plans
Employee benefit plans - both retirement plans and welfare plans - like clothes, come in all shapes and sizes. While some plan sponsors have their plans "custom tailored" by their employee benefits attorneys and pension consultants, many companies ...
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