Compliance with the numerous legislative and regulatory rules governing employee benefit plans is the cornerstone of the practices at Trucker Huss. Our experience and expertise in reviewing and understanding these rules allows us to offer the highest quality counseling to our clients.
Our attorneys frequently interact with the IRS and DOL on public policy issues that may impact our clients, including submitting comments in connection with regulatory proposals and participating in leadership roles in groups like the NCCMP and ABA Joint Committee on Employee Benefits that can help influence the legislative and regulatory landscape.
Receiving notice of an IRS audit or DOL investigations concerning an employee benefit plan (including retirement, executive compensation, and health and welfare plans) or notice of an PBGC audit concerning plan termination or insurance premiums can be daunting. In these situations, we serve as employee benefits counselors to our clients. Legal activities and support include:
- Facilitating and supporting clients during IRS, DOL or PBGC audits
- Handling all correspondence, phone calls and contact with the IRS, DOL or PBGC
- Drafting written responses to legal issues raised by the IRS, DOL or PBGC
- Negotiating closing agreements or other resolutions of the audit or investigation
If you'd like to know more
- Improper Delegation of Authority Could Cost a Plan its Deferential Standard of Review
GISUE MEHDI and MARY E. POWELL, December, 2018 The Employee Retirement Income Security Act (ERISA) gives participants and beneficiaries the right to have plan benefit denials reviewed in federal court. The court reviews a plan claims administrator’s benefit denial decision as “de novo” (looking at the facts anew and reaching its own decision, with no […]READ MORE
- 2019 Pension Plan Limitation Highlights
SHANNON OLIVER, December, 2018 On November 1, 2018, the Internal Revenue Service issued Notice 2018-83, containing the cost-of-living adjustments related to retirement plan limitations under the Internal Revenue Code (the “Code”). These changes will take effect on January 1, 2019. Below are some of the highlights. Limitations That Have Increased The limitation on the annual […]READ MORE
- IRS Issues Initial Code Section 83(i) Guidance – Mostly Good News
J. MARC FOSSE, December 10, 2018 The IRS has provided initial guidance in Notice 2018-97 (the “Notice”) about certain statutory requirements for private corporations granting options and restricted stock units (RSUs) which they intend to treat as qualified equity grants under section 83(i) of the Internal Revenue Code (the “Code”). If an option or RSU […]READ MORE