RCG News

Retirement Capital Group Comments on American Jobs Creation Act of 2004

San Diego, CA - November 17, 2004 - The President of the United States recently signed into law the American Jobs Creation Act of 2004 (H.R. 4520) which contains significant deferred compensation reform provisions. This is important news for companies that either have or are considering implementing nonqualified deferred compensation plans.

William MacDonald, Chairman and CEO of Retirement Capital Group, Inc. (RCG) in San Diego, stated, "This new law provides additional guidance regarding nonqualified benefit plans. Deferred compensation plans will continue to be a beneficial aspect of an executive's total compensation package. However, companies must review their plan design to assure they are in compliance with the new laws."

RCG just released A Guide to Deferred Compensation Arrangements under the American Jobs Creation Act of 2004, which outlines the major features of the new legislation on deferred compensation plans.

For more information about the implications of the American Jobs Creation Act of 2004 to deferred compensation plans, please contact RCG at www.retirementcapital.com to obtain a copy of A Guide to Deferred Compensation Arrangements under the American Jobs Creation Act of 2004 (in the Knowledge Center, under Articles).

About Retirement Capital Group
RCG offers nonqualified executive benefit consulting services in the area of plan structure, design, benefit security, funding, implementation, and administration. RCG's unbundled approach is a paradigm shift, providing companies access to proprietary and creative solutions, the highest caliber of experts in the executive benefits marketplace, and a network of third-party administrators. RCG's corporate headquarters is located in San Diego, California.

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