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Patricia is a partner in Taft’s Tax practice group. With previous experience advising non-profits, religious organizations, hospitals and healthcare systems and manufacturers, Patricia brings in-depth knowledge in employee benefits and executive compensation to Taft. Patricia has extensive experience in the design, implementation and administration of single employer and multi-employer-defined benefit plans, money purchase, profit sharing, stock bonus, employee stock ownership, 401(k) and 403(b) plans, non-qualified deferred compensation plans and retention plans. Patricia also advises clients on the design, implementation and administration of group health plans, Health Savings Accounts, Health Reimbursement Accounts, Section 125 “cafeteria” plans, Voluntary Employees’ Beneficiary Association (VEBA) trusts and Multiple Employer Welfare Arrangements (MEWA).

Patricia regularly represents clients before the Internal Revenue Service and the Department of Labor. She provides guidance and training on fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA), qualified domestic relations orders (QDROs), the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Medicare Secondary Payer (MSP) issues (including private causes of action), health savings accounts (HSA), the Affordable Care Act (ACA) and other employee benefits. She is also a Certified Employee Benefits Specialist (CEBS) and a member of the American Bar Association’s Committee on Employee Benefits. Patricia is a frequent local and national speaker on employee benefit topics.

On August 25, 2023, employers, employees and ERISA attorneys all over the nation breathed a collective sigh of relief after the IRS announced that it would provide a two-year “administrative transition” period for employers and plan administrators to coordinate and prepare for the implementation of the new Roth catch-up contribution rules expressed in SECURE Act 2.0.

By way of background, for people age 50 and older, the IRS allows additional pre-tax deferrals to their 401(k) of an annual amount in

Continue Reading Did you know that the new Roth catch-up contribution rule created by the SECURE Act 2.0 has been delayed by two-years?