Louis R. Richey, JD, SVP of McCamish Systems, LLC an Expert on IRC 409A to Speak at KC’s Event on Section 409A: Equity Based Compensation Final Regulation on 09/06/07
New York, NY, September 05, 2007 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Louis R. Richey, JD, SVP of McCamish Systems, LLC, a widely known expert and author with special expertise on 409A nonqualified deferred compensation plans will speak at the Knowledge Congress’ upcoming teleconference entitled: “Section 409A: Equity Based Compensation Final Regulation.” This 2-hour event is scheduled for September 6, 2007 at 1:00 PM EST. (For further details of the event and an updated list of panelists, please visit
http://knowledgecongress.org/2007.409A.htm)
The final regulation for Section 409A has been issued and companies are given a compliance deadline before December 31, 2007. The new law covers public and private companies from single to multiple employees and contractors. Now is a time to review all equity based compensation plans and arrangements as there may be significant penalties for noncompliance.
The Knowledge Congress has assembled a team of experts to help companies understand the new regulations and analyze the changes and their impact on the companies servicing the industry. These experts will present their findings, which includes a "best practice" panel at a comprehensive two-hour live teleconference.
About Louis R. Richey, JD and McCamish Systems, LLC
Mr. Richey is currently a senior officer with McCamish Systems, LLC in Atlanta, Georgia. McCamish Systems is one of the nation’s leading providers of outsourced administrative support for life insurance carriers and other financial services organizations. McCamish Systems, LLC is a major provider of sophisticated insurance product (life insurance, annuities, etc.), broker licensing and payment, internal management, and support software applications for substantial financial intermediaries. McCamish currently has 6 of the top 10 life insurance companies in the USA as its clients, as well as serving as the backroom in many of these areas for a number of other significant financial intermediaries. McCamish also assists financial service organizations, such as major banks, mutual fund companies, brokerage firms, and life insurance carriers with their marketing efforts through Internet powered consultative sales, administration, and communication platforms & systems developed by its Retirement Services Group. Mr. Richey helps lead this group.
McCamish’s primary retirement services products and services help financial representatives and brokers to market more effectively in complex compensation & benefit transactions, including 409A executive nonqualified benefits plan design and administration (for profit and nonprofit deferred compensation). These products and services help gather assets under management for institutions utilizing user friendly, intelligent, "A-Z", web-powered 409A compliant plan design, documentation, transactional, administration and communication systems designed by McCamish experts. McCamish pulls all its retirement services applications (and new ones under development) into a unique, unified end-to-end "education, marketing, plan design, documentation & administration" web-based platform to support 409A nonqualified plan services marketing all the way from product introduction, 409A plan design, specimen documentation and enrollment, through, to and including on-going plan administration. These combined web-based platforms and services provide the most comprehensive and the fastest 409A compliant nonqualified plan enterprise introduction in the industry today. More information on these fully transactional platforms and information concerning the McCamish organization can currently be accessed on the web at www.McCamish.com.
Mr. Richey lectures widely on the impact and implications of 409A, retirement planning, financial services marketing, insurance, financial planning and executive and employee benefit topics.
Mr. Richey’s comments have appeared in Business Week, The Wall Street Journal, Forbe's Magazine, and Investor’s Daily, and he has appeared on the Financial News Network for National Public Radio. Mr. Richey has authored or co-authored a number of books, and portfolios, plus more than 300 articles, audios and videos on topics covering 409A, financial services marketing, executive and employee benefits, financial and estate planning, and sophisticated insurance techniques. The Internal Revenue Service even used one of his articles in training materials for its own estate and gift tax agents and attorneys.
For more information about Louis R. Richey, JD and McCamish Systems, LLC, please visit: http://www.mccamish.com
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.
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http://knowledgecongress.org/2007.409A.htm)
The final regulation for Section 409A has been issued and companies are given a compliance deadline before December 31, 2007. The new law covers public and private companies from single to multiple employees and contractors. Now is a time to review all equity based compensation plans and arrangements as there may be significant penalties for noncompliance.
The Knowledge Congress has assembled a team of experts to help companies understand the new regulations and analyze the changes and their impact on the companies servicing the industry. These experts will present their findings, which includes a "best practice" panel at a comprehensive two-hour live teleconference.
About Louis R. Richey, JD and McCamish Systems, LLC
Mr. Richey is currently a senior officer with McCamish Systems, LLC in Atlanta, Georgia. McCamish Systems is one of the nation’s leading providers of outsourced administrative support for life insurance carriers and other financial services organizations. McCamish Systems, LLC is a major provider of sophisticated insurance product (life insurance, annuities, etc.), broker licensing and payment, internal management, and support software applications for substantial financial intermediaries. McCamish currently has 6 of the top 10 life insurance companies in the USA as its clients, as well as serving as the backroom in many of these areas for a number of other significant financial intermediaries. McCamish also assists financial service organizations, such as major banks, mutual fund companies, brokerage firms, and life insurance carriers with their marketing efforts through Internet powered consultative sales, administration, and communication platforms & systems developed by its Retirement Services Group. Mr. Richey helps lead this group.
McCamish’s primary retirement services products and services help financial representatives and brokers to market more effectively in complex compensation & benefit transactions, including 409A executive nonqualified benefits plan design and administration (for profit and nonprofit deferred compensation). These products and services help gather assets under management for institutions utilizing user friendly, intelligent, "A-Z", web-powered 409A compliant plan design, documentation, transactional, administration and communication systems designed by McCamish experts. McCamish pulls all its retirement services applications (and new ones under development) into a unique, unified end-to-end "education, marketing, plan design, documentation & administration" web-based platform to support 409A nonqualified plan services marketing all the way from product introduction, 409A plan design, specimen documentation and enrollment, through, to and including on-going plan administration. These combined web-based platforms and services provide the most comprehensive and the fastest 409A compliant nonqualified plan enterprise introduction in the industry today. More information on these fully transactional platforms and information concerning the McCamish organization can currently be accessed on the web at www.McCamish.com.
Mr. Richey lectures widely on the impact and implications of 409A, retirement planning, financial services marketing, insurance, financial planning and executive and employee benefit topics.
Mr. Richey’s comments have appeared in Business Week, The Wall Street Journal, Forbe's Magazine, and Investor’s Daily, and he has appeared on the Financial News Network for National Public Radio. Mr. Richey has authored or co-authored a number of books, and portfolios, plus more than 300 articles, audios and videos on topics covering 409A, financial services marketing, executive and employee benefits, financial and estate planning, and sophisticated insurance techniques. The Internal Revenue Service even used one of his articles in training materials for its own estate and gift tax agents and attorneys.
For more information about Louis R. Richey, JD and McCamish Systems, LLC, please visit: http://www.mccamish.com
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.
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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao
Director, Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao
Director, Account Management & Member Services
tlumbao@knowledgecongress.org
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