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Maximizing Retirement Plan Benefits
Oleh:
Byrnes, G. Patrick
;
Eastwood, Robert B., [Jr.]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 183 no. 5 (1997)
,
page 45-51.
Topik:
Benefits
;
retirement
;
plan benefits
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Ever since Congress imposed the $150,000 limit on recognized compensation for tax - favored retirement plans in 1994, companies have found there to be severe restrictions on the amount of benefits available to higher paid employees. Whats more, the limit generally forces plans to practice "reverse discrimination" by providing highly paid participants with benefits that are a much smaller percentage of their pay than those provided to lower paid participants. Some plan sponsors have misinterpreted the new rule ; others have devised unusual plan designs to indirectly overcome the limitation. This article describes how a company can use plan design to accomplish the retirement funding objectives of its highly paid executives.
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