The Tools & Techniques of Employee Benefit and Retirement Planning, 17th edition

Stephan Leimberg, Joseph F. Stenken, John J. McFadden

• Publisher: The National Underwriter Company
• Year: 2021
• eBook ISBN: 9781954096066
• Edition: 17
• Topic: Personal Development
• Subtopic: Insurance

Explore all aspects of employee compensation and benefits with The Tools & Techniques of Employee Benefit and Retirement Planning. This must-have resource provides real-world examples of compensation options, healthcare, life insurance strategies, and fringe benefits to help you understand the important and sometimes unexpected consequences of different planning approaches. Each approach is explained in clear, easy-to-understand language that takes you through the legal and regulatory requirements for instituting and maintaining benefits while also explaining the tax consequences of different approaches. This comprehensive resource:

• Describes all aspects of employee benefits planning,
• Contains detailed discussions surrounding the relevant planning considerations, regulatory requirements, and tax consequences for each topic,
• Includes benefits that can be used for all types of employees, including full- and part-time employees, entry- and mid-level employees, temporary employees, and executives,
• Explains both qualified and unqualified benefits,
• Outlines both immediate and deferred compensation strategies, and
• Describes important regulatory and tax considerations for employee benefits such as healthcare, employer-provided life insurance, and retirement plans.

For those looking to learn more on employee benefits and retirement planning, this book additionally provides detailed source material references to serve as jumping-off points for conducting deeper research.

New in the 17th Edition:

• A new chapter on COVID-19 related tax changes for employee benefit plans
• Updates resulting from the SECURE Act
• Employee retention credit under the CARES Act
• New details on use and rollover of medical and dependent care FSA plans
• Updated ERISA compliance and reporting requirements, including Form 5500 information
• Updated tax information, including the new 2021 COVID-19 stimulus and CAA bills

Topics Covered:

• Cash and equity compensation 
• Deferred compensation, including qualified retirement plans
• Health insurance planning
• Short and long term disability
• Life insurance for employees, owners, and officers
• Employee benefit ethics and compliance issues 
• Defined contribution and defined benefit plans
• And more! See the “Table of Contents” section for a full list of topics

As with all the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate the complex course of employee benefit and retirement planning and confidently meet their needs.

Table of contents

• Cover
• Title Page
• Copyright Page
• National Underwriter
• About the National Underwriter Company
• Dedication
• About the Authors
• Preface
• Contents
• Chapter 1 The Process of employee Benefit Planning
• Chapter 2 Cash Compensation Planning
• Chapter 3 Annual Bonus Plan
• Chapter 4 Severance Pay Plan
• Chapter 5 Golden Parachute Arrangements
• Chapter 6 Stock Option
• Chapter 7 Incentive Stock Option (ISO)
• Chapter 8 Employee Stock Purchase Plan (Section 423 Plan)
• Chapter 9 Restricted Stock Plan
• Chapter 10 Designing the Right Retirement Plan
• Chapter 11 Planning for Retirement Needs
• Chapter 12 Designing a Qualified Retirement Plan
• Chapter 13 Qualified Plans: General Rules for Qualification
• Chapter 14 Qualified Plans: Distributions and Loans
• Chapter 15 Qualified Plan Investments
• Chapter 16 ERISA Reporting and Disclosure
• Chapter 17 Estate and Retirement Planning with Qualified Plans and IRAs
• Chapter 18 Life Insurance in a Qualified Plan
• Chapter 19 Section 401(k) Plan
• Chapter 20 Traditional IRA
• Chapter 21 Roth Plans
• Chapter 22 Profit Sharing Plan
• Chapter 23 Employee Stock Ownership Plans (ESOPs)
• Chapter 24 Savings/Match Plan
• Chapter 25 Money Purchase Pension Plan
• Chapter 26 Cross-Tested/Age-Weighted Plan
• Chapter 27 Defined Benefit Pension Plan
• Chapter 28 Cash Balance Pension Plan
• Chapter 29 HR 10 (Keogh) Plan
• Chapter 30 Simple IRA
• Chapter 31 Simplified Employee Pension (SEP)
• Chapter 32 Tax Deferred Annuity
• Chapter 33 Nonqualified Deferred Compensation
• Chapter 34 Section 457 Plan
• Chapter 35 Designing the Right Health Benefit Plan
• Chapter 36 Group Health Plans
• Chapter 37 Alternatives to Group Health Plans
• Chapter 38 Flexible Spending Account
• Chapter 39 Health Savings Account (Section 223 Plan)
• Chapter 40 Cafeteria Plan
• Chapter 41 Sick Pay (Short-Term Disability)
• Chapter 42 Long-Term Disability and Long-Term Care Insurance
• Chapter 43 Designing the Right Life Insurance Plan
• Chapter 44 Group Term Life Insurance
• Chapter 45 Split Dollar Life Insurance
• Chapter 46 Key Employee Life Insurance
• Chapter 47 Death Benefit Only (DBO) Plan
• Chapter 48 Knowing the Rules: Government Regulations and How to Find Them
• Chapter 49 Common Control Rules
• Chapter 50 Fiduciary Breach Litigation
• Chapter 51 Age and Sex Discrimination
• Chapter 52 Accounting for Benefit Plans
• Chapter 53 COVID -19 Employee Benefit Changes
• Appendix A Benefit Plans for Proprietors, Partners, and S Corporation Shareholders
• Appendix B Qualified Plan Fact Finder
• Appendix C Long-Term Incentives: A Comparative Analysis
• Appendix D Government Benefits
• Appendix E Designing the Right Package of Fringe Benefits
• Index
• Back Cover