Employers require plans that meet their human resource and business goals, while taking full advantage of the tax benefits available under the Internal Revenue Code.

For them, we design and implement 401(k) plans, employee stock ownership plans, defined benefit plans, profit sharing plans and individually designed hybrids of these plans, such as cash balance plans.

Powell Goldstein provides clients with "cradle to grave" service, from establishing plans and preparing summary plan descriptions and other employee communications and filing determination letter, private letter ruling, prohibited transaction exemption and advisory opinion requests with the Internal Revenue Service and Department of Labor to answering questions related to plan administration or negotiating controversies with the Internal Revenue Service and Department of Labor and terminating plans.

Together, we have:

• Assisted a Fortune 200 company in designing and implementing an early retirement window that provided enhanced pension and retiree health benefits to a limited class of eligible employees
• Assisted a major distributor in correcting the implementation and administration of its employee stock ownership plan; negotiated a favorable settlement of tax and ERISA issues with the Internal Revenue Service and Department of Labor
• Converted traditional final pay defined benefit pension plans to cash balance plans for many large employers