Retirement Plan Distributions Under SECURE 2.0: New Penalty-Free Options, Hardship Distributions, Documentation

Mr. Rothman advises publicly traded companies, closely held businesses and nonprofit organizations on all aspects of qualified and nonqualified employee benefit plans, executive compensation plans, health and welfare plans, employment agreements and other related legal and compliance issues. He advises clients on their tax-qualified plans including plan design and adoption, ERISA compliance, day-to-day plan operation, fiduciary compliance, IRS and DOL plan audits and submissions under the Employee Plans Compliance Resolution System, the Voluntary Fiduciary Correction Program, and the Delinquent Filer Voluntary Compliance Program. In addition, Mr. Rothman advises employers on their welfare benefit plan compliance issues. This includes counseling employers on the Affordable Care Act, COBRA, HIPAA, ERISA, and wellness plan design.

Mr. Blachman is a partner in Ice Miller’s Workplace Solutions Group where he helps companies to minimize their financial and legal risk by developing best practices for employee benefits, executive compensation, corporate governance and compliance policy. He advises clients on corporate benefits issues in mergers and acquisitions, including post-acquisition benefit strategies. Mr. Blachman regularly counsels on the design, implementation, and termination of executive incentive compensation programs, compliance with Code Section 409A Rules, and other equity and cash incentive plans. He negotiates employment and separation agreements for senior C-Suite executives and regularly provides fiduciary compliance training for retirement committee members. Mr. Blachman also advises on Affordable Care Act and HIPAA-related matters, such as health coverage portability, health information privacy, data security and ongoing welfare plan compliance. He has extensive experience with IRS and U.S. Department of Labor audits, negotiating settlements and voluntary correction programs.