David Powell’s expertise covers tax and ERISA issues relating to all types of employee pension and welfare benefit plans. He specializes in qualified plans of public companies including 401(k), profit sharing, pension and cash balance plans, and international benefits issues. David is a leading expert on the subject of Employee Stock Ownership Plans (ESOPs) for public companies, nonqualified deferred compensation plans (including supplemental executive retirement plans and other types of top hat and executive compensation arrangements under Code Section 409A, plans for tax exempt organizations including churches, and plans for governmental employers. David speaks and writes frequently on these subjects from the perspective of both employers and financial service providers. Professional Affiliations American College of Employee Benefits Counsel American Institute of Certified Public Accountants National Association of Public Pension Attorneys Private Sector Advisory Committee, OECD Working Party on Private Pensions Bar Association of the District of Columbia New York State Bar Association Texas Bar Association Louisiana Bar Association Honors & Distinctions Author, BNA Tax Management Portfolio No. 372, Church and Governmental Plans Co-Chair, Subcommittee on Multinational Employee Benefits and Compensation Issues, Employee Benefits Committee, American Bar Association Section of Taxation Past Chair, Exempt Organization and Governmental Plans Subcommittee, Employee Benefits Committee, American Bar Association Section of Taxation Listed, The Best Lawyers in America, Employee Benefits Law (2006-2021) Listed, Super Lawyers, Employee Benefits and Tax (2011-2018) Listed, The Legal 500 US, Employee Benefits and Executive Compensation (2009-2011, 2014) U.S. Editor, Journal of the International Employee Benefits Lawyers Association Co-Editor, 457 Answer Book Editorial Advisory Board, Journal of Deferred Compensation (Aspen Publishers)
Publications Another Major Pension Reform for Multinational Companies to Watch: Netherlands DB to DC Groom PublicationJanuary 19, 2021
Publications Congressional Pushback to Recent IRS Guidance on Deductibility of Expenses Related to PPP Loans Groom PublicationDecember 10, 2020
Publications European Privacy Regulators Propose Rules for Data Transfers to the U.S. Groom PublicationNovember 20, 2020
Publications IRS Guidance Provides More Detail on Terminating 403(b) Plans Groom PublicationNovember 19, 2020
Publications IRS and PBGC Give Sponsors Until January 4, 2021 to Make Contributions Under the CARES Act Groom PublicationNovember 18, 2020
Publications IRS Issues Final Regulations Updating Minimum Required Distribution Rules Groom PublicationNovember 17, 2020
Publications UK Pension Regulator Issues New Guidance to Employers and Trustees for Pension Risk Transfers to “Superfunds” Groom PublicationOctober 28, 2020
Publications Cybertheft Lawsuit: ERISA Fiduciary Breach Claims Dismissed Against Plan Sponsor but Move Forward Against Recordkeeper Groom PublicationOctober 16, 2020
Publications Round One of SECURE Act IRS Guidance Clarifies Some Key Issues for Retirement Plans Groom PublicationSeptember 21, 2020
Past Events Webinar: Fall Roundup of IRS and DOL Guidance Impacting Plan Sponsors and Their Retirement Plans (September 16, 2020) Groom WebinarSeptember 16, 2020