InsMark
Loan-Based Deferred
Compensation System |
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This System couples deferred compensation
with tax free retirement income for virtually any
executive who can afford the deferral, and any profit-making
or tax exempt organization can use it. Variations include
solutions for arrangements between doctors and hospitals
that avoid the problems associated with the Medicare-Medicaid
Anti-Kickback Rule and the Stark II Rules. The system
provides full marketing and administrative support, and
specialized legal resources are available for documentation
and consultation. |
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New Final Regulations Potentially Affect
LB-DC in Tax Exempt Organizations
The IRS has released final regulations implementing the "Intermediate
Sanctions" legislation passed in 1996 as IRC Code Sec.
4958. This new Code section could impose excise taxes for "excess
benefit transactions" on participants in LB-DC plans between
tax exempt organizations and their managers or other insiders
unless care is taken in documentation. For more information,
click on the links below:
To find out more about the Loan-Based Deferred
Compensation, click the link below:
Features 
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