Grotta Glassman Offers Benefits Update

The firm of Grotta, Glassman & Hoffman, p.c. last month presented its Spring 2006 Benefits Update Seminar.

The session, aimed at New Jersey employers with benefit plans, took place of May 25 at the Grotta Glassman offices, 75 Eisenhower Parkway, Roseland, NJ.

The featured speaker was Keith R. McMurdy, chair of the firm's Employee Benefits Group. He discussed topics such as:

IRS Code Section 409A, an overview of recent IRS guidance and its effect on executive compensation, severance plans, bonus plans and other deferred compensation agreements;

Amending and Restating Retirement Plans, a review of the changes in the law and new filing requirements for qualified retirement plans;

Implementing Medicare Plan Part D, an analysis of the new Medicare prescription drug provisions and the impact they have on various employer-sponsored benefit programs;

Understanding Health Savings Accounts, an introduction to HSAs and how they will impact the future of group health coverage.