- NY Credits : 6.0
- TX Credits : 6.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 6.0
Upon successful completion of Executive Compensation, the user should be able to:
recognize rules and requirements for deferred compensation plans, characteristics, requirements, and proper tax treatment of restricted value stock plans, nonstatutory and incentive stock options, stock appreciation rights, phantom stock plans, performance programs, performance cash plans, and parachute payments, reporting and disclosure aspects of ERISA, and rules and regulations regarding withholding of income and employment taxes on deferred compensation;
identify basic structure and advantages of nonqualified deferred compensation plan; and
determine impact of IRC Sec. 409A on nonqualified deferred compensation plans, recognize purposes and requirements of rabbi trusts, secular trusts, excess benefit plans, and supplemental executive retirement plans, and timing and amount of income recognizable by an employee under general rules of IRC Sec. 83 or when an IRC Sec. 83(b) election is made.