Jeffrey Holdvogt
Subscribe to Jeffrey Holdvogt's PostsJeffrey (Jeff) M. Holdvogt regularly counsels public and privately held companies and tax-exempt organizations on a wide range of employee benefits matters. These include the design and administration of complex pension, 401(k) and 403(b) plans, nonqualified and executive deferred compensation arrangements, fiduciary and plan investment issues under the Employee Retirement Income Security Act (ERISA), internal compliance reviews and voluntary correction filings, and benefit plan matters arising from mergers and acquisitions, as well as other ongoing day-to-day retirement and executive compensation issues. Read Jeff Holdvogt's full bio.
IRS Announces 2020 Employee Benefit Plan Limits
By Brian Tiemann, Jeffrey Holdvogt and Jacob Mattinson on Nov 6, 2019
Posted In Employee Benefits, Health and Welfare Plans, Retirement Plans
Recently the Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2020. In the article linked below, we compare the applicable dollar limits for certain employee benefit programs and the Social Security...
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Capital Perspective: An Analysis of Hot Topics in Benefits and Compensation
By Andrew Liazos, Evan A. Belosa and Jeffrey Holdvogt on Aug 8, 2019
Posted In Employee Benefits, Employment, Executive Compensation, Health and Welfare Plans, Retirement Plans
With the uncertainty of the general election just one year away—and change on the horizon—now is the time to take stock of the legal and regulatory environment to prepare your organization for the future. On September 10 in Boston, the ERISA Industry Committee (ERIC), Fidelity and McDermott invite you to join your peers and colleagues...
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Hot Off the Presses: Latest 401(k) Trends & Developments
By Diane Morgenthaler and Jeffrey Holdvogt on Jun 13, 2019
Posted In Employee Benefits, Retirement Plans
Diane M. Morgenthaler and Jeffrey M. Holdvogt recently presented the webinar “Student Loan Benefits and Other 401(k) Developments” at the Worldwide Employee Benefits Network Chicagoland program. In the presentation, they discussed a variety of new 401(k) trends and developments, including: Employer options for student loan benefits and related considerations; The IRS’s recent expansion of its...
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IRS Opens the Door to Lump Sum Payment Windows for Retirees in Pay Status
By J. Christian Nemeth, Jeffrey Holdvogt and McDermott Will & Emery on May 2, 2019
Posted In Employee Benefits, Retirement Plans
Due to an Internal Revenue Service (IRS) change in course published in Notice 2019-18, plan sponsors may now offer retirees lump-sum windows as another pension “de-risking” option. Plan sponsors considering pension de-risking opportunities and options should carefully evaluate the potential benefits and risks of a retiree lump-sum window. Access the full article.
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Trends in Qualified Plans and Health & Welfare Plans
By Jeffrey Holdvogt on Mar 15, 2019
Posted In Employee Benefits, Executive Compensation, Health and Welfare Plans
In a presentation at McDermott’s Employment and Employee Benefits Forum, Jeffrey Holdvogt discussed qualified plans, including student loan repayment benefits and the rise of DOL/IRS/PBGC plan activity. He also commented on the scrutiny on plan governance and fiduciary process materials. He addressed the legal challenges and mandates, such as state laws protecting against balance billing...
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Emerging Trends Alert | Filling in the Gaps: Pay Equity
By Andrew Liazos, Jeffrey Holdvogt, Maria C. Rodriguez, Michelle S. Strowhiro and McDermott Will & Emery on Mar 5, 2019
Posted In Employment, Executive Compensation
In a presentation at McDermott’s Employment and Employee Benefits Forum, our lawyers discuss the patchwork of state and local laws surrounding pay equity for similarly situated employees doing the same job. Particularly in California, new developments have emerged further clarifying pay equity laws. For best practices, they recommend: Establishing compensation ranges across substantially similar jobs...
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Bipartisan Legislation Proposed to Promote Student Loan Repayment Retirement Benefits
By Jeffrey Holdvogt on Jan 17, 2019
Posted In Employee Benefits, Retirement Plans
In late December, US Senator Ron Wyden introduced the Retirement Parity for Student Loans Act (Student Loan Act), which would allow employers to make matching contributions under 401(k), 403(b) and SIMPLE plans with respect to student loan repayments made by employees. If enacted, this legislation would provide powerful new guidance for employers looking to offer...
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IRS Announces 2019 Employee Benefit Plan Limits
By Brian Tiemann, Jeffrey Holdvogt and Jacob Mattinson on Nov 2, 2018
Posted In Employee Benefits, Health and Welfare Plans, Retirement Plans
Recently the Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2019. The table below compares the applicable dollar limits for certain employee benefit programs and the Social Security wage base for...
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Groundbreaking IRS Ruling Helps Clear the Way for New 401(k) Plan Student Loan Benefits
By Jeffrey Holdvogt and Sarah L. Engle on Aug 20, 2018
Posted In Employee Benefits, Retirement Plans
On Friday, the IRS released a private letter ruling (PLR) which will help clear the way for employers to provide a new type of student loan repayment benefit as part of their 401(k) plans. By issuing the PLR, the IRS gave its blessing to an employer-provided student loan repayment benefit offered through an employer’s 401(k)...
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IRS Issues “Snapshot” Guidance on Qualified Retirement Plan Issues
By Jeffrey Holdvogt and Sarah L. Engle on Aug 16, 2018
Posted In Employee Benefits, Retirement Plans
The Internal Revenue Service (IRS) recently released “Issue Snapshots” on a number of topics related to tax-qualified retirement plans, including both pension and savings plans. Historically, the snapshots have explained new(er) laws and guidance, and have often included audit tips for IRS examiners. As a result, although the IRS has indicated that the snapshots are...
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