Employee Benefits Update - Terminating the Employer Stock Fund: RJR Court Outlines Template for Prudent Process – March 2016

Ivins, Phillips & Barker, Chartered

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WHO WE ARE IPB IN THE NEWS Ivins, Phillips & Barker, Chartered 1700 Pennsylvania Ave. NW, Suite 600 Washington DC, 20006 (202) 393-7600 http://www.ipbtax.com Robin Solomon and Jonathan Zimmerman speak on 401(k) Fee Litigation, Stock-Drop Litigation, and Pension De-Risking (February 24, 2016) Contact our Employee Benefits team at benefits@ipbtax.com Rosina Barker invited to join the American Benefits Council (“ABC”) Policy Board of Directors Ben Grosz quoted by Fiduciary News on 401(k) fee litigation and plan sponsor reaction (February 23, 2016) Carroll Savage Kevin O’Brien Laurie Keenan (202) 662-3405 (202) 662-3411 (202) 662-3461 csavage@ipbtax.com kobrien@ipbtax.com lkeenan@ipbtax.com Steve Witmer Rosina Barker Will Sollee, Jr. (310) 407-5460 (202) 662-3420 (202) 662-3466 switmer@ipbtax.com rbarker@ipbtax.com Jeannie Leahy* Jodi Epstein Robin Solomon (202) 662-3414 (202) 662-3468 jepstein@ipbtax.com rsolomon@ipbtax.com Victor Chang (202) 662-3462 Jonathan Zimmerman (202) 662-3464 Spencer Walters (202) 662-3459 vchang@ipbtax.com jzimmerman@ipbtax.com swalters@ipbtax.com Ben Grosz (202) 662-3422 bgrosz@ipbtax.com Percy Lee* (202) 662-3458 plee@ipbtax.com Ivins alum Robert Stack honored as Tax Person of the Year for 2015. Mr. Stack was appointed Deputy Assistant Secretary of the Treasury for International Tax Affairs in 2013. Finalists also included Robert Wellen, an Ivins alum who was appointed IRS Associate Chief Counsel in May 2015. (202) 662-3474 jleahy@ipbtax.com Robin Solomon and Ben Grosz quoted by U.S. News & World Report on TaxAdvantaged Employee and Fringe Benefits (February 12, 2016) wsollee@ipbtax.com * Not admitted in the District of Columbia Qualified Retirement Plans • Executive Compensation • Fringe Benefits • Health and Welfare Plans • Plan Terminations and Bankruptcy • Employment Taxes and Worker Classification COMING SOON… Jodi Epstein to present on Minimizing 401(k) Plan Litigation Risk at the Defined Contribution Institutional Investment Association (“DCIIA”) public policy forum (April 5, 2016) Ben Grosz to chair and moderate ABA Business Law CLE program discussing Employee Benefits topics; Steve Witmer to speak as panelist (April 28, 2016) EB UPDATE ARCHIVES January 2016 EB Update .