Aug
01

Lehman Bankruptcy Ruling Shows Risk of Deferred Compensation

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Judge Shelley C. Chapman of the Federal Bankruptcy Court in Manhattan has issued an opinion that provides an important reminder for employees throughout the United States who participate in deferred-compensation plans.

The opinion is from the long-running Lehman Brothers bankruptcy, but it applies to employees of all sorts of companies.

In short, the tax benefits you get from a deferred-compensation plan are not “free,” and by deferring compensation, you are taking on the credit risk of your employer…

Lehman Bankruptcy Ruling Shows Risk of Deferred Compensation

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