Businesses require skilled counsel to resolve disputes arising from tax audits and administrative hearings, and to ensure that benefit plans comply with IRS regulations. Because tax qualified retirement plans and ERISA benefit programs are subject to increased regulatory review – and often are high-profile targets for participant-based litigation – our attorneys preemptively assist clients in navigating the complex web of regulations governing them.
With the Department of Labor's increased emphasis on the obligations of ERISA fiduciaries, the Group assists plan sponsors, trustees and administrative committees in making informed decisions to fulfill their ERISA fiduciary duties.
On behalf of employers whose retirement, pension or 401(k) plans are in jeopardy of losing tax-qualified status due to failure to comply with tax laws, the firm has submitted numerous plans to the IRS under its correction programs and preserved the plans' status.
In addition to their advisory work, lawyers in the group design, prepare and amend a wide range of employee benefit plan documents including tax-qualified pension and 401(k) plans, VEBAs, ESOPs, health, severance and cafeteria plans, executive-deferred compensation and other incentive plans.