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Employee Benefits and Executive Compensation
Years ago, employee benefits meant a paycheck and perhaps a simple pension. Today, the scope and variety of benefits programs is often far greater.
At Montgomery McCracken, we advise employers and providers on the multitude of retirement and 401(k) savings plans, executive deferred compensation arrangements, employee stock ownership and stock option plans (ESOPs), insured and self-insured health and welfare plans, flex benefit plans, and other fringe benefits available today.
We counsel our clients regarding:
- Compliance with the Employee Retirement Income Security Act (ERISA)
- The Internal Revenue Code and other applicable laws
- The design and redesign of their employee benefit plans
- The latest legal developments, benefits trends, and their ramifications
As the legal environment grows more and more complex, disputes inevitably arise. Our Employee Benefits and Executive Compensation Practice couples substantive employee benefits experience with hands on litigation experience. As a result, we represent our insured and self-insured clients in ERISA and employee benefits litigation, including ERISA fiduciary duty matters and benefits claims disputes. When necessary, we draw on the talents of many of our other attorneys in the related areas of tax, labor and employment, corporate, health, education and nonprofit, and litigation to assist the lawyers in the Employee Benefits and Executive Compensation Practice.
experience
Employee Benefits and Executive Compensation Leadership
SHARED THINKING
Important COBRA Changes in the American Rescue Plan Act of 2021
The American Rescue Plan Act of 2021 (“ARPA”), among other things, subsidizes COBRA health insurance premiums for laid off workers for the period beginning April 1, 2021 through September 30, […]
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The DOL and IRS Issue Joint Rule Regarding Special Enrollment, COBRA, and Claims Review Deadlines
Published in the Federal Register on May 4, 2020, the Joint Rule provides for the extension of certain deadlines so plan participants, beneficiaries, and employers have additional time to make […]
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CARES Act Provisions Impacting Retirement Plans
On Wednesday, March 25th, the Coronavirus Aid Relief and Economic Security Act (“CARES Act”) was passed by a unanimous Senate vote and today March 27th the House also voted on […]
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New Guidance Issued by the Department of Labor and Internal Revenue Service for Employers Regarding FFCRA Paid Leave and Available Tax Credits
The U.S. Department of Labor (“DOL”) published two new resources on employee paid leave and employer requirements under the recently-passed Families First Coronavirus Response Act (“FFCRA”). Importantly, the DOL revealed […]
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