Christopher W. Welsch helps employers to design and implement executive compensation, retirement, and health and welfare plans to reward employees.
He represents for-profit, tax-exempt, church, and government employers with a range of benefit plans, including 401(k), 403(b), 457, pension, severance, equity, option, and incentive plans. Mr. Welsch assists qualified and nonqualified plans on matters of administration, compliance, and correction, as well as fiduciary rules and prohibited transactions. He advises on the executive compensation and employee benefits provisions in mergers and acquisitions. He also represents clients before the Internal Revenue Service, Department of Labor, and Pension Benefit Guaranty Corporation.
Mr. Welsch counsels clients on the tax consequences of executive compensation under the Internal Revenue Code, such as Section 409A, nonqualified deferred compensation, Section 280G golden parachutes, and Section 83 restricted property. He assists employers offering qualified and nonqualified deferred compensation, stock options, equity compensation, phantom equity, and long-term incentive plans.
He guides employers on issues confronting health and welfare benefit plans, including compliance with the Affordable Care Act (ACA), HIPAA, HITECH, ERISA, COBRA, MHPAEA (mental health parity), and the tax code. He assists employers offering wellness programs, Section 125 cafeteria plans, FSAs, HSAs, health reimbursement arrangements (HRAs), and other welfare benefits.
Mr. Welsch has experience with a broad range of tax issues confronting corporations, partnerships, and nonprofit organizations, including federal, state, and international tax consequences of mergers and acquisitions, tax-exempt status under Section 501(c), and classification of independent contractors. Prior to law school, he worked at a boutique tax law firm for three years.