Jeffrey is a member of Gray Plant Mooty's Employee Benefits & Executive Compensation practice group and focuses his practice on assisting and advising employers on the complex federal laws governing tax-qualified and nonqualified retirement plans, executive compensation programs, and health and disability benefit plans. He advises both public and private companies on legal issues concerning the design, operations, and termination of profit sharing, section 401(k), and traditional and cash balance defined benefit plans. Jeffrey also frequently advises employers and ERISA fiduciaries regarding the special rules applicable to employees stock ownership plans, in the contexts of ongoing compliance and business transactions.
Jeffrey also assists employers regarding participation in, and withdrawal from, multiemployer pension plans and in negotiating employee benefits with labor unions in the collective bargaining process.
Also a Certified Public Accountant (FL), Jeffrey understands the financial and accounting aspects of employee benefits and executive compensation.
Experience
- Drafts and maintains qualified retirement plan documents and assists with submission of plans to the Internal Revenue Service for qualified status determinations
- Assists employers with issues arising in administration of retirement plans, including correction of errors through the Employee Plans Compliance Resolution System
- Advises employers and plan fiduciaries on ESOP transactions and ongoing compliance with ERISA and the Internal Revenue Code
- Advises employers regarding compliance with fiduciary obligations under ERISA
- Drafts and reviews qualified domestic relations orders
- Monitors and advises clients with respect to legislative and regulatory changes affecting employee benefits and executive compensation and assists with corresponding plan changes
- Drafts and maintains nonqualified deferred compensation plans in compliance with Internal Revenue Code Section 409A regulations and related guidance
- Advises clients regarding taxation of benefits and executive compensation, including analysis of payments under Internal Revenue Code Section 280G
- Advises clients with respect to COBRA, HIPAA, health savings accounts, health reimbursement accounts, and other welfare plan issues
Education
- Georgetown University Law Center, LL.M. in Taxation, 2005
- Stetson University College of Law, J.D., cum laude, 2004
- University of Central Florida, B.S. in Accounting, 1999; Master of Science in Taxation, 2001
Bar Admissions
- Minnesota, 2008
- District of Columbia, 2007
- Florida, 2005
Professional Activities
- American Bar Association, Section of Taxation
- American Institute of Certified Public Accountants
- Minnesota State Bar Association
- National Center for Employee Ownership
- The ESOP Association