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Accounting

University of Central Florida

Amara v. cigna corp; Cash balance plan; Defined benefit plan; Qualified plan

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Rights Of Ownership In The United States As Identified Through Defined Benefit Plan Conversion, Richard Burke May 2012

Rights Of Ownership In The United States As Identified Through Defined Benefit Plan Conversion, Richard Burke

HIM 1990-2015

Employer provided Qualified Plans ("Qualified Plans") are the most efficient supplement to Social Security savings and benefits. Given the significance of the benefits provided as well as the short-term Revenue constraints upon the Federal government in the form of substantially protracted tax deferrals, Qualified Plan legislation should maintain a conservative disposition. Incremental legislative action in the right direction will steadily graduate ERISA to its intended purpose. Unfortunately ERISA is a convoluted maze of formalities, definitions, and regulation that are only substantially understood by an expert and have yet to be adequately explained to the public at large. Recent publications such …