Resources

 
Welcome to our online article library. Click on any of the links below to see an informative article on issues involving employee benefit plans. Or visit our links page for more helpful resources.
 

2010/12/01 - USE OF INSURANCE IN DEFERRED COMPENSATION PLAN

This memorandum describes the uses of life insurance in the BCA Deferred Compensation Plan, one of the primary attributes of the Plan.

2010/12/01 - HISTORY OF BCA DEFERRED COMPENSATION PLAN

BCA was organized in 2004 to sponsor various employee benefit plans as a benefits outsourcing firm. This article outlines some of the history of the BCA Deferred Compensation Plan.

2010/02/01 - INSURANCE IN ZERMATT LIFE/HEALTH INSURANCE TRUST

In light of IRS's attitude toward cash value insurance policies in welfare benefit plans, the ZLHIT has adopted new rules about the types of insurance policies to be permitted in the plan.

2009/10/19 - CHANGES IN STERLING BENEFIT PLANS

There has been much activity by the IRS recently relative to welfare benefit plans.  This memorandum will summarize changes made in the Sterling Benefit Plan in response to issuance by the IRS of Notices 2007-83 and 2007-84, along with Revenue Ruling 2007-65 in order to comply with the announced positions of the IRS.

2007/11/11 - IRS NOTICES

On Oct. 17, 2007, “IRS Warns Taxpayers About Certain Trust Arrangements Sold As Welfare Benefit Funds”, the IRS and Treasury announced the issuance of three new rulings relative to welfare benefit plans: (1) Notice 2007-83, in which the IRS identified certain trust arrangements involving cash value life insurance policies, and substantially similar arrangements, as listed transactions; (2) Notice 2007-84, in which the IRS cautioned taxpayers that the tax treatment of trusts that, in form, provide post-retirement medical and life insurance benefits to owners and other key employees may vary from the tax treatment claimed, and (3) Revenue Ruling 2007-65, in which the IRS held that a welfare benefit plan that provided permanent life insurance benefits to employees on a non-discriminatory basis was, nevertheless, not tax deductible.

2003/09/01 - K.I.S.S. EXORBITANT HEALTH COSTS GOODBYE

Remember the K.I.S.S. principle, “Keep it simple stupid?” It is still a good idea when it comes to providing health care for employees.

2003/06/01 - DEFINED CONTRIBUTION HEALTH PLANS: LET THE BUYER BEWARE

Each day the press reports that another major employer has jumped on the band-wagon. How well have these plans been thought through by their eager promoters? Are there pitfalls or hidden traps employers and their advisers should be aware of in changing their health plan to a DC health model? We think so.

2000/08/05 - TAX COURT RULES IN NEONATOLOGY ASSOCIATES CASE

On July 31, 2000, Judge Laro of the Tax Court (who rendered the decision in the Booth case several months earlier) handed down his decision in Neonatology Associates, P.A., et. al. v. Commissioner of Internal Revenue, 115 T.C. 5 (2000). And it wasn´t favorable to the taxpayers.

2000/07/10 - EMAs: RETIREE MEDICAL PLANS OF THE FUTURE?

How can companies provide retiree medical benefits for their employees without breaking the bank? As their workforces age, more and more companies desire to offer medical plans to retirees, but do not dare guarantee that they can afford to do so with medical costs rising at more than 10% per year. This article offers a proposed solution to this dilemma.