2017

Insurance Provider Obtains Approval for Innovative Pension Plan Design

United States - Minnesota

An insurance provider obtained IRS approval on an innovative design for a phased retirement pension plan. Faegre Baker Daniels ensured the IRS approval covered a plan design that balanced human resource concerns for a flexible workforce with minimal legal risk and feasible administration. FaegreBD also advised on the management of the pension plan's assets by a qualified professional asset manager (QPAM). This extended to the related relief for a failure to satisfy all QPAM conditions, including several years of extensions.

Services & Industries

The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.