retirement plan adopted primarily
for the business owner's benefit, we strive to develop an arrangement
that precisely suits the objectives of our clients.
Implementing a retirement
plan and securing governmental approval are, of course, just the
beginning of the larger retirement plan process. Our benefits
attorneys regularly advise and counsel clients regarding plan
administration issues and propose new strategies that emanate from the
latest developments in the law. Once plans have been adopted, we
interact with the Internal Revenue Service, the Department of Labor
and other governmental agencies to ensure that the plans not only
comply with, but thrive within, the complex web of ever-changing
federal regulations.
Our benefit lawyers also
regularly prepare non-qualified deferred compensation plans, flexible
benefit plans, 457 government plans, incentive stock option plans,
phantom stock plans, and a wide array of other benefit arrangements.
We are regularly asked to review existing programs to provide a
cost-effective "tweak" or a complete rewrite to keep up with
changes in the scales of businesses imposed by today's economic
conditions, and as the law continues to develop.
The extensive knowledge and experience behind SFNR's benefits practice
is further supported by the broad resources of the Firm, offering
supplemental services in taxation, corporate, estate planning, and
litigation.
