You are here

Verizon Communications

Companies Cash In on Tax Breaks From Employee Retirement Plans

Original publication date: 
Thursday, January 31, 2002 (All day)

 

Rosel Patton, a 49-year-old switch engineer in Marlboro, Mass., doesn't realize it, but when she saves for retirement by contributing to her 401(k), she's also helping her company save money.

How Cuts in Retiree Benefits Fatten Companies' Bottom Lines

Trimming a Health-Care Plan Creates Accounting Gains, Under Some Arcane RulesA Shield Against Rising Costs
Original publication date: 
Tuesday, March 16, 2004 (All day)

The loud message comes from one company after another: Surging health-care costs for retired workers are creating a giant burden. So companies have been cutting health benefits for their retirees or requiring them to contribute more of the cost.

Well-Hidden Perk Adds Up To Big Money for Executives

Deferred-Compensation Plans Give Tax Benefits, But Are Poorly Disclosed and Add to Liability
Original publication date: 
Friday, October 11, 2002 (All day)

Last year, John R. Stafford, chairman of pharmaceutical giant Wyeth, earned $1.8 million in salary. He also was awarded a $1.97 million bonus, restricted stock valued at $724,283 and 630,000 stock options.

That much shareholders can learn from glancing at the company's proxy.

Subscribe to RSS - Verizon Communications