Tampa partner Steven Barber recently authored an article for Chambers & Partners, contributing to the US Regional Employment 2023 Global Practice Guide. His commentary on the employment sector provides insights on the industry’s trends and developments in Florida.

The article titled “The Road Ahead – Qualified Retirement Plan Amendments and More,” discusses the SECURE Act, the Coronavirus Aid, Relief and Economic Security Act and the SECURE 2.0 Act and how Congressional changes to the Internal Revenue Code affect Qualified Retirement Plans.

In the article, Steve states “the Acts collectively contain significant changes to the laws regulating Qualified Retirement Plans. Plan sponsors should use the period leading up to the December 31, 2025 amendment deadline to plan for the integration of the Acts’ provisions into the sponsor’s Qualified Retirement Plan, and take advantage of the resources available to determine what, if any, discretionary provisions adopt.”

Click here to reach the 2023 Regional Employment Guide.

 

About Steven K. Barber

Steven Barber is a partner in the Tampa office of Shutts & Bowen LLP, where he is a member of the Corporate Practice Group. Steven has more than 25 years of experience in the areas of ERISA transactional and compliance law and employee benefits law. A Martindale Hubbell AV® Preeminent™ rated attorney, Steven has been named among the Best Lawyers in America® in employee benefits law and has consistently been recognized by Chambers USA as one of America’s Leading Lawyers for Business. Steven has worked extensively in the design, adoption, operation and administration of employee benefit plans, including preparation of all necessary plan documents.