For more information about FMS, click here.
New choices in the marketplace, means banks and credit unions may struggle to maintain market share for their checking accounts. One solution is to update outdated free checking accounts to a fee-based model. This fee income strategy simultaneously increases revenue and delivers these value-added services to customers. Find out more from this short Thought Leader Video from the Financial Managers Society then click here where you can join one of our upcoming Fee-based Income webinars and learn more about this strategy for change from your friends at IZALE.
For more information about FMS, click here.
After several quarters of low volatility, tight spreads, and abundant liquidity, financial conditions are shifting.
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IZALE Financial Group is hereby authorized to use the copyrighted report “Fixed-Income Outlook: Second Quarter 2018,” by Guggenheim Partners, solely for the purpose of posting on its company blog, found here.
We are proud so share this amazing opportunity to learn from Scott Richardson, CEO/Founder of IZALE Financial Group, plus his remarkable team Chris Richardson, Jonathan Barnes, and Phil Aderton as to why they are the go-to BOLI experts and why BOLI is a viable solution today for financial institutions to attract, reward and retain their key talent – their most valuable asset.
Action Call and Urgent Message from Scott Richardson, President and CEO of IZALE Financial Group:
To Clients, other businesses and their stakeholders, and our industry colleagues: this is a must read summary of the House tax bill that was released on November 2, 2017.
While the contents of any bill are far from certain, if this bill becomes law, employers’ ability to retain and reward key talent will be profoundly impacted. Call your Congressman and Senators and express that concern! Please use our Social Media share buttons to educate your peers on this rapidly evolving issue.
This report provides K&L Gates' initial executive summary of Section 3801 of the Tax Cuts and Jobs Act, which would virtually eliminate the NQDC market and have broad impacts on a number of common compensation arrangements across our economy.
Section 3801 Increases Taxes on Savings and Fundamentally Alters Compensation Plans in America
Section 3801 of the Tax Cuts and Jobs Act created a new section, Internal Revenue Code §409B, which:
§409B Would Adversely Impact U.S. Businesses, Employees, and Shareholders
The following lists some of the potential adverse consequences of §409B:
§409B Would Effectively Eliminate Many Common Compensation Practices
The following widespread and long-standing forms of compensation would effectively be eliminated or dramatically curtailed by §409B:
Many of these practices are especially common among small and private businesses, where the potential for growth and innovation is high but cash-flow and liquidity are constrained. These practices are also broad-based and allow employees outside of executive management to share in the upside of a growing company and save for retirement.
Additional Details on Adverse Impacts and Unintended Consequences
This special edition WR Marketplace is created exclusively for R. Scott Richardson, IZALE Financial Group by experts at K&L Gates and the AALU staff.
The AALU WR Newswire and WR Marketplace are published by the AALU as part of theEssential Wisdom Series, the trusted source of actionable technical and marketplace knowledge for AALU members—the nation’s most advanced life insurance professionals.
About K&L Gates
K&L Gates is a fully integrated global law firm with lawyers located across five continents. Our broad global platform allows us to guide clients through the legal challenges inherent in the ever-changing international landscape. The deep latticework of relationships across our offices and practices enables our clients to respond to diverse legal issues and risks through the services of one law firm with a single communication. Read more here.
This information is intended solely for information and education and is not intended for use as legal or tax advice. Reference herein to any specific tax or other planning strategy, process, product or service does not constitute promotion, endorsement or recommendation by AALU. Persons should consult with their own legal or tax advisors for specific legal or tax advice.
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