* Applicable Membership or Subscription discounts will be added in your shopping cart
Description: Internal Revenue Code Section 409A's broad definition of "deferred compensation" and strict rules on the time and form of payments have created many unseen traps for employers and executives.
Our one-hour seminar will look at some of the most common traps and ways to prevent being snared in them. Severance arrangements, employment contracts, change in control agreements, as well as equity and phantom equity awards can all create inadvertent deferred compensation and violations of Section 409A. We will look at prevention strategies as well as corrective measures to address these hidden traps.
Presenter Bios
Ms. Powers represents employers in all aspects of executive compensation and employee plans matters, including the design and administration of qualified retirement plans, health and welfare benefit plans, and non-qualified executive compensation and equity plans. She also serves as an Adjunct Professor of Employee Benefits Law at the University of Alabama's Hugh F. Culverhouse Jr. School of Law.
Ms. Powers focuses heavily on issues related to controlled and affiliated service groups of employers. She helps create solutions for benefits issues that arise in complicated organizational structures, such as nondiscrimination testing, QSLOB filings, and MEWA analysis. She has significant experience representing third party administrators (TPAs) and employers with respect to administrative service agreements and ERISA compliance. Her practice includes employers in a variety of industries, with a focus on health care, manufacturing, and REITs.
Because nearly every business is impacted by health care reform, Ms. Powers spends significant time helping employers address compliance issues and business realignment in the wake of the Affordable Care Act. Ms. Powers is a frequent speaker and commentator on health care reform issues where she applies a practical business-like approach to compliance. She believes that it is essential to understand the client's business in order to provide useful guidance. To better grasp the issues facing her clients Ms. Powers provides no-fee in-person consultations and keeps up to date by monitoring trade and industry news and legislation.
Her practice includes advising employers and others on ERISA fiduciary compliance issues. She represents clients in IRS and U.S. Department of Labor audits and investigations, as well as pursuing corrections under EPCRS and VFCP.
She oversees the design and implementation of equity and synthetic (phantom) equity programs to compensate executives in both established and startup companies. She routinely works with buyers and sellers to coordinate benefits issues in mergers and acquisitions, including retirement plan mergers, change of control payments and mid-year health plan issues. Ms. Powers also provides counsel with respect to executive compensation issues, including IRC §§ 409A, 162(m) and 280G (Golden Parachute) analysis.
 | | Practice Areas: | | Employee Benefits & Compensation, Tax Law | | | Online Media Type: | | Video | | | Production Date: | | 09/29/2022 | | | Level: | | Intermediate | | | Category: | | Standard | | | Duration: | | 1 Hours, 4 Minutes | | | Online Format: | | On Demand | | | Course Type: | | Public |
Click here for information on subscription discounts and Group Viewing opportunities.
Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
CLE Scholarship information
Tuition Assistance for legal professionals taking our programs. Learn more about the program.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
People who bought this program also bought:| There are no current recommendations |
| | |
|
| Click on the jurisdiction to view credit eligibility details for this program
AB, AK, AL, AR, AZ, CA, CEU, CLP, CO, CT, DE, GU, HI, ID, IL-EXPER, IL-NEWADMIT, IN, ME, MO, MS, MT, ND, NF, NH, NJ, NM, NS, NT, NU, NV, NY-EXPER, NY-TRANS, OK, PA, PE, PR, UK-BSB, UK-SRA, VI, VT, WA, WV, WY, YT
West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.
Request credits for a state not listed.
Check your state requirements and get contact information. | | |
|
|
| | • | Andrea Bailey Powers - Baker, Donelson, Bearman, Caldwell & Berkowitz, PC |
| | |
|