Entries tagged “Benefits”
News October 13, 2014
Insight Thomas M. White · September 29, 2014
Rimon Partner Tom White was recently published in the Wolters Kluwer Law & Business Employee Benefit Plan Review. He and his co-authors cover the best risk management strategies for employers offering retirement benefits. His co-authors are Corwin Zass, Tim Leier, Richard Farr, and Kelvin Wilson. Corwin Zass is a principal at Actuarial Risk Management, a BDOUSA Alliance member. Tim Leier is a senior pension consultant for ARM. Richard Farr is a partner and head of pensions advisory at BDO (UK) LLP. Kelvin Wilson is director and head of de-risking at BDO (UK) LLP.
This article is reprinted with permission from the September 2014 issue of Employee Benefit Plan Review.
Insight Thomas M. White · March 20, 2012
The Internal Revenue Code provides significant tax benefits to employers that sponsor tax-favored retirement and health and welfare plans. For example, in calculating an employer's income tax, the current cost of providing benefit coverage may be deducted from taxable income, although plan participants are not currently taxed on the benefits at that time. However, these tax benefits are available only if the employer sponsoring the plan does not discriminate against its rank and file employees. Determining who are in the group of covered employees for discrimination testing is critical to the analysis.