Mazawey Comments on IRS Revenue Ruling on Group Trusts in BNA

Lou Mazawey is quoted in the Pension & Benefits article, “Plan Assets: IRS Issues Revenue Rule Setting Conditions For  Pooling  Tax-Exempt Assets in Group Trusts,” by Florence Olsen published on December 17, 2010.  Mr. Mazawey commented on the extended transition relief provided in Rev. Rul. 2008-40 to plans qualifying under Puerto Rico tax code Section 1165 and the related model language that group trusts may use to comply with the new rules.