In late 2022, Congress passed the SECURE Act 2.0, which, along with other items, introduced a new rule requiring that catch-up contributions made by highly compensated employees be made on a Roth after-tax basis only. Less than one year later, and only a few months before this new rule was to go into effect, the IRS issued Notice 2023-62, which provides highly anticipated transition relief for the Roth catch-up contribution rule by extending the compliance period by two years.Continue Reading Just Dropped: IRS Provides Relief on Roth Contributions for HCEs
Kelly A. Starr is a member of the Executive Compensation & Employee Benefits group and the firm’s Board of Directors.
Ms. Starr counsels a variety of employers on all aspects of employee benefits law, including the design, tax qualification, legal compliance, correction, interpretation, communication and termination of broad-based employee benefit plans. She also negotiates and structures executive employment agreements and executive compensation and benefit arrangements, including incentive compensation and deferred compensation agreements, severance agreements and change-in-control programs, on behalf of both individual executives and companies. She has substantial experience advising boards of directors and their committees with respect to executive compensation issues.