Margret Warrick Truax

Margret concentrates her practice on advising clients in all aspects of plan design and compliance for numerous types of employee benefit and executive compensation plans including nonqualified deferred compensation plans; qualified retirement plans (such as Code Section 401(k), profit-sharing, and defined benefit plans); tax-deferred annuities (such as Code Section 403(b) plans); health and welfare benefits (such as health and dental plans, cafeteria plans, HSAs, FSAs, HRAs, wellness programs and employee assistance programs); equity compensation (such as incentive stock option and nonqualified stock option plans) and non-taxable fringe benefits (such as qualified transportation plans and DCAPs).

She counsels clients during each step of plan design from plan selection and drafting to choosing appropriate funding vehicles such as custodial accounts, voluntary employee beneficiary trusts, insurance contracts or self-funding. Her knowledge of ERISA, HIPAA, COBRA, PHSA, and Code Section 409A and other provisions of the Internal Revenue Code is crucial in advising clients regarding the complex requirements that must be satisfied to maintain compliance with the law.

Margret also counsels public and private companies regarding employee benefit plan issues in mergers, acquisitions, financing and other major business transactions.