Explains the various types of employment agreements and compensation arrangements, as well as their income tax implications on your clients.
Learning Objectives
In this course, you will learn to do the following:;Identify the form in which executive compensation is most often paid.;Recognize a contractual offer to a departing executive.;Determine when a restricted executive bonus arrangement is indicated.;Select the correct method of split-dollar life insurance, based on facts and circumstances.;Recognize a restricted stock agreement.;Recall the differences between a qualified deferred compensation plan and a nonqualified deferred compensation plan.;Recognize elements of a salary continuation plan.
Major Topics
Executive Compensation Plans;Contracts;Severance;Equity Compensation Plans;Provisions;Difference from qualified compensation;Strategies;Distributions;Taxation;Integration with PFP