Using Total Return Swaps in Combination with Existing Rabbi Trusts
Many Fortune 1000 companies fund/hedge their Nonqualified Deferred Compensation Plan liabilities with assets in Rabbi Trusts. This can materially increase the cost of these plans and cause unpredictable swings in operating earnings – an issue many CFOs have had to highlight on recent earnings calls. Many companies are using Total Return Swaps to address these issues.
Atlas Client Passes IRS Audit of Deferral of TRS Gains, Losses, and Expenses
In this analysis, we detail how one company recently passed an IRS audit of its TRS hedge and deferred gains—benefiting from supporting tax documentation including a Will-level tax opinion, Private Letter Ruling, and related tax reporting and recordkeeping.
WHAT WE DO
The nonqualified plan marketplace has seen significant change in recent years. These changes have materially impacted plans across the Fortune 1000, prompting companies to adapt, improve outcomes for plan participants, and mitigate a negative impact to corporate earnings.
Atlas Benefit Finance, established more than two decades ago, supports companies in managing the risks and costs of their executive benefit plans by optimally administering hedges of these plans. Our clients include many of the world's largest companies.
JurisPrudent Deferral Solutions provides a market-leading attorney fee deferral program. Leveraging our extensive experience with nonqualified deferred compensation plans and the features large corporations require, our attorney fee deferral plan is structured to offer unmatched safety, service, and transparency.
NQDC INSIGHTS
A quarterly email from Atlas about the latest significant trends in the executive benefits marketplace.