Deferred Compensation
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Merrill $40M Class-Action Settlement With Advisers Could 'Open a Pandora's Box'
About 1,500 former advisers would qualify for the deal, which would settle the class action filed in October 2009 by brokers claiming rights to stock grants that had not been fully vested before the Bank of America acquisition.
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Prospects for Boost in Employee Mass Transit Tax Breaks Dim
The history of the higher mass transit tax break goes back to 2009, when lawmakers approved an economic stimulus measure that allowed employees to reduce their taxable salaries by up to $230 a month to pay for mass transit expenses.
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DC, DB Plans Hurt by Rising Health Care Costs
Aside from health care benefits, the only corporate benefits budget item that grew between 2009 and 2011 was corporate 401(k) plans, which increased two percentage points to 15 percent in the latest survey.
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Nonqualified Plans a Key to Recruiting, Retaining Senior Employees
Amid a volatile market, nonqualified plans continue to be a key element of many companies' overall retirement savings program, and are common among large companies.
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More About Nonqualified Plans
The four major types of nonqualified plans, according to Investopedia.com, are:
