Legally Speaking: Breaking Up Is Hard To Do

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The ‘Windfall Gals’ Reject Manufacturer’s Contention That Paying the Rep Was a Windfall

The ‘Windfall Gals’ Reject Manufacturer’s Contention That Paying the Rep Was a Windfall

Just a few months ago, on the fifth floor of the courthouse in a sleepy Philadelphia suburb, an international manufacturing conglomerate squared off for 3½ days against a local sales rep. The battle was over commissions due under the terms of their contract, plus statutory damages. In a first for this counsel (and the seasoned trial judge), a single-sex jury was selected: eight women who, for reasons explained below, would later form a chat group known as the “Windfall Gals.”

Reaping retirement plan benefits from the most tax-friendly retirement plan

Reaping retirement plan benefits from the most tax-friendly retirement plan

Suppose you were asked to design the most taxpayer-friendly retirement plan possible. If given a choice, you would want a plan that allows for generous annual contributions. The contributions would be tax-deductible, regardless of whether or not you itemize deductions and regardless of your earnings or taxable income.