Employee Benefits

Overview

The Employee Benefits team at Hull Barrett is versed in the intricate set of rules that regulate the employee benefits area as set forth under ERISA (Employee Retirement Income Security Act of 1974, as amended) and the Internal Revenue Code. We provide counsel to clients with regard to implementation and administration of employee retirement, welfare, and fringe benefit plans.

We provide advice and counsel with regard to regulatory compliance issues and assist those clients facing compliance issues, often employing the government provided correction programs of the Internal Revenue Service (EPCRS) and the U.S. Department of Labor (VFC). Firm attorneys also have extensive experience advising clients, at both the employer level and the participant level, with regard to the drafting and approval of Qualified Domestic Relations Orders (QDROs).

Importance of Employee Benefits Law

Employee Benefit issues often arise in many different legal contexts. For example, transactions, such as the buying or selling of a business, or the drafting of a will or estate plan, often raise employee benefits questions. To understand all of the consequences of a benefits assessment, an attorney must have a working knowledge of benefit plan design and operation, accounting practices, implementation and administration of employee retirement, welfare, and fringe benefit plans. We have extensive experience advising clients, at both the employer level and the participant level, with regard to ERISA matters. Our Employee Benefits team works closely with the our other transactional lawyers to advise clients of the benefits issues involved with mergers as well as stock and asset transactions.