10.11.2024 | Duration: 13:28
In this episode we explore approaches for banks to manage benefits and tax planning.
Listen to the newest episode of our podcast, In the vault with KPMG, with Elizabeth L’Hommedieu from the KPMG Banking & Capital Markets Tax practice, and Ryan McDonald from the KPMG Compensation and Benefits Tax practice. During this episode, they discuss strategic approaches for banks to manage benefits and tax planning, emphasizing fully compliant methods to achieve cost savings without reducing employee benefits. They highlight the importance of evaluating plan funding, vendor relationships, and contracting practices, while also addressing the need for objective third-party reviews to navigate regulatory and fiduciary responsibilities. Below are the key points they address during this discussion:
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