CONTENTS
Page
Dedication iii
About the Authors................................................................................................................................. v
Preface vii
Part A: Retirement Planning
Overview
Chapter 1 Designing the Right Retirement Plan................................................................................. 1
Chapter 2 Planning for Retirement Needs........................................................................................ 17
Government Benefits
Chapter 3 Social Security............................................................................................................... 29
Chapter 4 Medicare....................................................................................................................... 39
IRAs
Chapter 5 Traditional IRA.............................................................................................................. 49
Chapter 6 Roth IRA....................................................................................................................... 57
ERISA and Tax Rules for Qualified Plans
Chapter 7 Qualified Plans: General Rules for Qualification................................................................ 63
Chapter 8 Qualified Plans: Distributions and Loans........................................................................... 75
Chapter 9 Estate and Retirement Planning with Qualified Plans and IRAs......................................... 89
Chapter 10 Installing a Qualified Retirement Plan............................................................................. 103
Chapter 11 Qualified Plan Investments............................................................................................ 107
Chapter 12 ERISA Reporting and Disclosure................................................................................... 113
Chapter 13 Life Insurance in a Qualified Plan.................................................................................. 121
Defined Benefit Plans
Chapter 14 Defined Benefit Pension Plan........................................................................................ 133
Chapter 15 Cash Balance Pension Plan........................................................................................... 141
Defined Contribution Plans
Chapter 16 Money Purchase Pension Plan...................................................................................... 147
Chapter 17 Profit Sharing Plan........................................................................................................ 153
Chapter 18 ESOP/Stock Bonus Plan............................................................................................... 161
Chapter 19 Savings/Match Plan...................................................................................................... 171
Chapter 20 Section 401(k) Plan....................................................................................................... 175
Chapter 21 Cross-Tested/Age-Weighted Plan.................................................................................. 187
Other Employer Retirement Plans
Chapter 22 HR 10 (Keogh) Plan..................................................................................................... 193
Chapter 23 SIMPLE IRA............................................................................................................... 199
Chapter 24 Simplified Employee Pension (SEP)............................................................................... 203
Chapter 25 Tax Deferred Annuity................................................................................................... 209
Chapter 26 Nonqualified Deferred Compensation............................................................................. 219
Chapter 27 Section 457 Plan........................................................................................................... 249
Part B: Employee Benefit Planning
Overview
Chapter 28 The Process of Employee Benefit Planning.................................................................... 257
Chapter 29 Designing the Right Life Insurance Plan......................................................................... 263
Chapter 30 Designing the Right Health Benefit Plan......................................................................... 267
Cash Compensation
Chapter 31 Cash Compensation Planning......................................................................................... 271
Chapter 32 Bonus Plan................................................................................................................... 277
Chapter 33 Severance Pay Plan...................................................................................................... 281
Chapter 34 Golden Parachute Plan.................................................................................................. 285
Equity Options
Chapter 35 Stock Option................................................................................................................ 287
Chapter 36 Incentive Stock Option (ISO)........................................................................................ 291
Chapter 37 Employee Stock Purchase Plan (Section 423 Plan)......................................................... 295
Chapter 38 Restricted Stock Plan.................................................................................................... 299
Cafeteria Plans
Chapter 39 Cafeteria Plan.............................................................................................................. 305
Chapter 40 Flexible Spending Account............................................................................................ 309
Life Insurance Plans
Chapter 41 Group-Term Life Insurance........................................................................................... 319
Chapter 42 Split Dollar Life Insurance............................................................................................. 325
Chapter 43 Key Employee Life Insurance....................................................................................... 333
Chapter 44 Death Benefit Only (DBO) Plan.................................................................................... 337
Health Coverage
Chapter 45 Health Insurance.......................................................................................................... 343
Chapter 46 Health Maintenance Organization (HMO)...................................................................... 353
Chapter 47 Health Savings Account (Section 223 Plan).................................................................... 361
Chapter 48 Health Reimbursement Arrangement (HRA).................................................................. 369
Chapter 49 Long-Term Care Plan................................................................................................... 377
Disability
Chapter 50 Sick Pay (Short Term Disability).................................................................................... 379
Chapter 51 Long Term Disability Insurance..................................................................................... 383
Fringe Benefits
Chapter 52 “Fringe” Benefits (Section 132)..................................................................................... 389
Chapter 53 Company Car or Reimbursement Plan........................................................................... 395
Chapter 54 Dependent Care Assistance Plan................................................................................... 401
Chapter 55 Educational Assistance Plan.......................................................................................... 405
Chapter 56 Legal Services Plan...................................................................................................... 409
Chapter 57 Loans to Executives...................................................................................................... 411
Chapter 58 Moving Expense Reimbursement................................................................................... 415
Chapter 59 VEBA Welfare Benefit Trust........................................................................................ 419
Appendices
Appendix A Knowing the Rules: Government Regulations and How to Find Them............................... 423
Appendix B Benefit Plans for Proprietor, Partners, and S Corporation Shareholders............................ 429
Appendix C Common Control Rules................................................................................................. 433
Appendix D Qualified Plan Fact Finder............................................................................................. 441
Appendix E Long-Term Incentives: A Comparative Analysis............................................................. 465
Appendix F Accounting for Benefit Plans......................................................................................... 469
Appendix G The Unauthorized Practice of Law in the Employee Benefit Area................................... 473
Appendix H Ethics: What the Employee Benefit and Retirement Planner Must Know.......................... 477
Appendix I Malpractice in Compensation Planning........................................................................... 481
Appendix J Age and Sex Discrimination.......................................................................................... 491
INDEX 495