Peter is an experienced lawyer specializing in employee benefits and ERISA matters. He serves as the head of the McGrath North Employee Benefits Practice Group. Peter works with retirement and health and welfare plans as well as nonqualified deferred compensation plans and aggrangements. His experience includes serving as counsel in mergers and acquisitions with respect to employee benefit plans and due diligence; representing clients before the IRS and Department of Labor; providing retirement plan design counsel and documentation for corporate, tax-exempt and governmental entities; and advising clients with respect to prohibited transaction exemptions and fiduciary obligations. Peter’s banking background and experience with multinational companies give him a unique perspective and the ability to offer his clients tremendous value.
With over 30 years of experience, Peter has learned that by treating the client relationship like a partnership, he can clearly see the issue from the client’s perspective and offer an array of practical solutions that can appropriately and effectively solve the problem at hand. His clients are regularly challenged to provide competitive employee and executive benefit programs in a complex and demanding regulatory environment, but Peter’s expertise and insight are always up for the challenge.
- Creighton University School of Law (J.D., 1989)
- Creighton University (B.A., 1983)
- Nebraska (1989: Sustaining Member)
- Colorado (2013 (inactive))
McGrath North is sponsoring and conducting our Thirteenth Annual Seminar for Accounting Professionals in Omaha, Nebraska. The seminar will focus on a variety of topics such as: You’re Collecting Sensitive Personal And Financial Data From Your U.S. Clients: Are You Doing What Is Required To Protect It?; Help Your Consumer Products Clients Save Time and Money; Structuring and Implementing Buy-Sell Agreements; New Section 199A: All the Highlights; My Meme is Better than Yours: Internet IP Considerations; Labor and Employment Law Under Trump: Where are We and Where are We Headed?; The State Tax Anatomy Series—Wayfair Meets the Tax Defense Team; and Employee Benefits Annual Review.
Making several changes, the IRS has released the 2024 cost-of-living adjustments applicable to the dollar limits and thresholds for retirement plans and health and welfare benefit plans. Plan sponsors should update their systems and formulas to include the limits that have been adjusted.
The Setting Every Community Up for Retirement Act 2.0 or the SECURE Act 2.0 brings a variety of new retirement plan requirements and options to plan sponsors. Among the SECURE Act 2.0 provisions are several new minimum distribution rules and distribution options. This article focuses on the new distribution options offered through the SECURE Act 2.0 that plan sponsors should consider offering to plan participants as the different options become available. The new distribution events generally apply to account based defined contribution plans, such as 401(k) plans. However, the new minimum required distribution age and cash-out rules apply to all qualified plans.
Making several changes, the IRS has released the 2023 cost-of-living adjustments applicable to the dollar limits and thresholds for retirement plans and health and welfare benefit plans. Plan sponsors should update their systems and formulas to include the limits that have been adjusted.
- Listed: “Best Lawyers in America”, Employee Benefits (ERISA) Law
- “Best Lawyers in America”, Omaha Lawyer of the Year, Employee Benefits (ERISA) Law, 2017, 2022
- Listed: Great Plains Super Lawyers (Employee Benefits Law) 2018-2022
- Adjunct Professor-Employee Benefits, Creighton University School of Law
- Creighton Law Review Member
- Creighton Moot Court Board Member
- Pension Council of the Midlands, President (2003-2006)
- Western Pension and Benefits Council, Member
- Listed: Martindale-Hubbell, AV/Preeminent Rating
- Listed: Chambers USA, America’s Leading Lawyers for Business (Nebraska, Employee Benefits & Executive Compensation – Band 1)