Regulatory Compliance

• Interagency Statement on the Purchase and Risk Management of Bank Owned Life Insurance

• IRC Section 409(a) – Deferred Compensation Legislation

• Pension Protection Act of 2006 (PL 109-280)

• Guidance Regarding IRC Section 101(j) – Notice 2009-48

 

Financial Markets

• NASDAQ

• Dow Jones

• The New York Stock Exchange

 

Government Links

• Internal Revenue Service

• US Department of The Treasury

• Federal Deposit Insurance Corporation

• Federal Reserve Bank

• Financial Industry Regulatory Authority

• American Bar Association

 

Taxation Documents:

• Revenue Notice 2006-64 - Accelerated Payments Under 409A

• Revenue Notice 2006-33 - Transition Relief for Offshore Trust and Other Funding under 409A

• Revenue Notice 2005-94 - IRS Suspends Deferred Compensation Reporting Requirements

• IRC Section 72 - Proceeds from Endowment and Life Insurance Contracts

• IRC Section 101 - Certain Death Benefits

• IRC Section 1035 - Certain Exchanges of Insurance Policies

• IRC Section 264 - Certain Amounts Paid in Connection with Insurance Contracts

• IRC Section 7702 - Life Insurance Contract Defined

• IRC Section 7702A - Modified Endowment Contract Defined

• Treasury Regulation 31.3121(v)(2)-1 - FICA Taxation Under Employee Benefit Plans

• Treasury Regulation 31.3121(v)(2)-2 - FUTA Taxation Under Employee Benefit Plans

• Special Wage Payments (Pub 957)

• Final Split Dollar Regulations

• Split Dollar Life Insurance Audit Techniques Guide

• EITF Bulletin No. 06-05 - Accounting for Postretirement Elements of Collateral Split Dollar Policy

• US Treasury Department

 

Accounting Documents:

• SFAS 5 - Accounting for Contingencies

• SFAS 87 - Accounting for Pension Plans

• SFAS 106 - Accounting for Post-Retirement Benefits Other Than Pensions

• SFAS 109 - Accounting for Income Taxes

• SFAS 112 - Accounting for Deferred Compensation Arrangements

• SFAS 132R - Employer's Disclosure about Pensions & Other Postretirement Benefits

• FASB Technical Bulletin 85-4 - Accounting for Purchases of Life Insurance

• EITF Bulletin No. 06-4 - Accounting for Postretirement Elements of Endorsement Split Dollar Policy

• EITF Bulletin No. 06-10 - Accounting for Postretirement Elements of Collateral Split Dollar Policy

 

Bank Regulatory Documents:

Interagency Advisory on Deferred Compensation Agreements and BOLI

• OCC 2004-10

• FDIC FIL-16-2004

 

Interagency Statement on the Purchase and Risk Management of Life Insurance

• OCC 2004-56

• FDIC FIL-127-2004

• OTS Thrift Bulletin 84

• FRB Supervisory Letter SR-04-19

• OCC 2000-23 - Bank Purchases of Life Insurance

• OCC Interpretative Letter 1030 - Investment in BOLI

 

DOL/SEC Resources:

• DOL Delinquent Filer Voluntary Compliance Program

• Additional Form 8-K Filing Requirements - Disclosure of Material Definitive Agreements

• SEC Bulletin 2005-75 - SEC Findings on Examination of Consultants

 

Other Helpful Links:

• Office of the Comptroller (OCC)

• Federal Deposit Insurance Corporation (FDIC)

• Office of Thrift Supervision (OTS)

• Federal Reserve Board (FRB)

• Securities and Exchange Commission (SEC)

• Internal Revenue Service (IRS)

• Financial Accounting Standards Board (FASB)

• US Department of Labor (DOL)

• Nonqualified Plan Audit Techniques Guide

• BenefitsLink.com