Exemptions, Internal Revenue Code (IRC), Employee Benefits

Tricky Compliance Issues for Companies When an Executive Terminates Employment: 409A Applicability to Severance

Foley & Lardner LLP on 6/23/2025

Executive employment relationships are rarely permanent. When an executive or other senior-level employee terminates employment, companies often must deal with difficult tax, equity, and benefits issues that arise in...more

DOL Proposes Amendments to QPAM Exemption

Verrill on 7/28/2022

On July 27, 2022, the Department of Labor (DOL) proposed a set of amendments to Prohibited Transaction Class Exemption 84-14, the so-called “QPAM Exemption,” which permits an investment fund holding assets of ERISA plans and...more

When Dr. Strangelove Met Jimmy Hoffa

Gerald Nowotny - Law Office of Gerald R.... on 4/30/2020

Collective Bargaining Exemption to create a win-win situation for business owners and employees. ...more

Supreme Court Clarifies Limits to ERISA Church Plan Exemption

Miles & Stockbridge P.C. on 7/28/2017

On March 27, 2017, the then 8 Supreme Court Justices heard oral arguments for three consolidated cases regarding the outer bounds of the “church plan” exception under the Employee Retirement Income Security Act of 1974...more

Proposed Section 409A Regulations Facilitate Common Pay Practices

Pillsbury Winthrop Shaw Pittman LLP on 7/14/2016

The Internal Revenue Service (IRS) has proposed a number of updates to current regulations governing nonqualified deferred compensation under Section 409A of the Internal Revenue Code of 1986, as amended. The proposed updates...more

Department of Labor Proposes New Fiduciary Regulation and Prohibited Transaction Exemption Relief for Investment Advice...

Skadden, Arps, Slate, Meagher & Flom LLP on 4/29/2015

On April 20, 2015, more than three years after withdrawing a similar proposal that was staunchly opposed by the financial services industry, the U.S. Department of Labor (DOL) published in the Federal Register a proposed...more