Posts Categorized: Retirement Plans

Senate Version of Tax Reform Proposes Compensation and Retirement Plan Changes

in Retirement Plans, Section 409A, Tax Issues

By:  Mark Stember and Todd Castleton On November 10, 2017, the Senate released a document entitled “Description of the Chairman’s Mark of the ‘Tax Cuts and Jobs Act’” prepared by the Joint Committee on Tax summarizing the proposals expected to appear in the Senate tax reform bill scheduled for mark up today, November 13, 2017.  The description provides background and summaries of the proposed tax code changes expected to appear in the legislation, although the text of the bill has not been released as of Monday morning. Compensation Issues The description reflects that both the Code Section 162(m) change and… Continue Reading