Haynes and Boone's Newsroom
Economic Woes May Cause Additional Tax Pains for Certain Executives in Publicly Traded Companies
02/02/2009
Greta E. Cowart
The economic woes from the credit crisis and the significant decline in the market have impacted many retirement plans. While employees have been concerned with the drop in their 401(k) plan account balances, corporate executives should pay careful attention to the impact of the economic crisis on the funded status of their defined benefit pension plans.
© Bloomberg Finance L.P. 2008. Originally published by Bloomberg Finance LP. Reprinted by permission.