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Protecting Intellectual Property

  
  
  

Managing Intellectual Property provides a checklist of finance, legal, IT, and HR tasks to consider for protecting intellectual property:

  • FINANCE TASKS
    • Inventory all intellectual property
    • Prioritize an action plan for correcting deficiencies and reducing risk
    • Consider insurance strategies

  • LEGAL TASKS
    • Have basic agreements in place and ensure they're used

  • IT TASKS
    • Have a secure IT network and computer systems
    • Have robust data retention policies and procedures

  • HR TASKS
    • Ensure employee handbook and personnel policies provide guidelines for protecting IP
    • Establish physical procedures
    • Establish systems and additional safeguards
    • Ensure the training and education of all employees on all aspects of IP and protection thereof

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2012 IRS Pension Plan Limits

401(k) Deferral Limit - $17,000

Annual Additions Limit - $50,000

Maximum Compensation Limit - $250,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,015,000

ESOP Additional Year Threshold - $200,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits