Compensation issues for non-profit organizations--Part I

Article Abstract:

Nearly 2000 non-profit organizations comprising charities and foundations will be part of an Internal Revenue Service (IRS) enquiry of compensation practices and procedures. The exercise is part of an effort to identify and halt compensation abuses by tax-exempt organizations that make excessive compensation payments to their executive officers. The Technical Advice Memorandums issued by the IRS is part of a road map established to provide practitioners and advisors with ways to comply with the law and offer comfort to the board of directors of non-profit organizations.

Wage Administration, Company legal issue, Investigations, Compensation management

---

Nonqualified deferred compensation plans and tax-exempt entities

Article Abstract:

The author examines how to best administer alternative non-401K plan retirement plans and stay within the legal restrictions as set fort by the U.S. Internal Revenue Service.

Commercial Banks, Tax Law, Public Finance Activities, Investment Banking and Securities Dealing, Bank Individual Retirement Accounts, Employee Loan & Savings Plans, Individual retirement accounts, Salary reduction savings plans, 401K plans, Simplified employee pensions

---

New rules for nonprofits: proposed Section 457 regulations

Article Abstract:

Regulations governing the deferred compensation programs at nonprofit organizations have been changed to reflect more tax limitations and corporate governance changes.

Government regulation (cont), Government expenditures, Government regulation, Personnel administration, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Legal/Government Regulation, Laws, regulations and rules, Compensation and benefits, Economic policy, Administrative agencies, Government agencies

Similar abstracts:

• Abstracts: New paradigms for 401(K) fiduciaries. Welfare benefits. Mid-year elections under IRS cafeteria plans regulations
• Abstracts: New rules for nonqualified deferred compensation plans. Patients' bill of fights legislation. Key he lath care legislation: year-end report
• Abstracts: The risks of not having a health and welfare plan document. New regulations enable employers to discard unwanted forms of retirement benefits
• Abstracts: Defined contribution strategies and consumer driven health care: a primer for plan sponsors. Implementing domestic partners benefits: A primer

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.