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Results: 1-8 of 8

IRS announces employee benefit plan limits for 2012

  • McDermott Will & Emery
  • -
  • USA
  • -
  • October 25 2011

The Internal Revenue Service (IRS) recently announced 2012 cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans

Third Circuit holds that a portion of post-petition withdrawal liability in bankruptcy is entitled to priority over general unsecured claims

  • McDermott Will & Emery
  • -
  • USA
  • -
  • October 3 2011

Recently, the Third Circuit held that withdrawal liability triggered after a bankruptcy filing date may be apportioned to pre- and post-petition service for the debtor, and that the withdrawal liability attributable to post-petition service may be entitled to priority over general unsecured claims under the Bankruptcy Code

California adopts federal tax treatment of health coverage for adult children

  • McDermott Will & Emery
  • -
  • USA
  • -
  • May 23 2011

On April 7, 2011, Governor Jerry Brown signed into law California Assembly Bill 36 (AB 36

California adopts favorable federal tax treatment of health coverage for adult children under age 27

  • McDermott Will & Emery
  • -
  • USA
  • -
  • May 16 2011

Employers and plan administrators that have operations in California should take steps to ensure that their reporting and payroll systems comply with recent state law changes affecting health coverage provided to children under age 27

The effects of the Dodd-Frank financial reform law on executive compensation: what you need to know

  • McDermott Will & Emery
  • -
  • USA
  • -
  • July 20 2010

Early planning for the 2011 proxy season will be needed to address the increased scrutiny of executive compensation that will result under the Dodd-Frank financial reform law

Health care reform: new deduction limit on compensation paid by certain health insurers

  • McDermott Will & Emery
  • -
  • USA
  • -
  • June 30 2010

New health care reform laws impose a $500,000 deduction limit on compensation paid by certain health insurers and their related companies to all employees and other individual service providers

PBGC provides “Box 5” relief to certain premium filers - immediate action may be required

  • McDermott Will & Emery
  • -
  • USA
  • -
  • June 23 2010

The Pension Benefit Guaranty Corporation has issued Technical Update 2010-2, which may provide relief to plans that intended to use the alternative premium funding target, but did not make the appropriate election on their comprehensive premium filing

Federal government’s acquisition of equity interests does not constitute 409A payment event

  • McDermott Will & Emery
  • -
  • USA
  • -
  • June 8 2009

Treasury EESA Equity Acquisition Transactions do not trigger payments under nonqualified plans