News Alert

Wednesday, May 22, 2013 - 1:13pm

Re: AIG to pay out $100 million in bonuses

I'm curious as to how these "retention bonuses" work. The name implies part of their salaries are deferred to the end of the year and paid in a lump sum as some do. It is also my understanding some salaries in part are paid with stock options to be redeemable at some later time to defer income taxes. A less complicated tax code could eliminate this. However, I doubt the information would satisfy the entitlement class.