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Russell Gully counsels employers and fiduciaries in all areas of employee benefits, including tax and ERISA issues relating to the design and administration of qualified and nonqualified deferred compensation plans and group health plans. His expertise includes the review and preparation of retirement and health plan documents and assistance with benefit plan implementation. Russell also counsels employers on employee benefits issues arising from business mergers and acquisitions.
Representation of publicly held and privately owned employers in connection with the design and administration of their 401(k) plans, defined benefit pension plans, and nonqualified deferred compensation plans
Representation of not-for-profit organizations, including churches, in connection with the design and administration of their defined benefit pension plans, 403(b) programs, and nonqualified deferred compensation plans
Representation of employers in connection with the freezing, de-risking, and termination of their defined benefit pension plans
Representation of employers in connection with the obligations of the Affordable Care Act
Representation of employers in connection with the obligations of their group health plans to provide COBRA continuation coverage and to comply with the HIPAA portability, privacy and security rules
Representation of employers in connection with the implementation and ongoing administration of their welfare benefit plans, cafeteria plans, spending account plans, retiree health reimbursement arrangements (HRAs), voluntary employees' beneficiary associations (VEBAs), and occupational injury benefit plans
Representation of employers negotiating with the Internal Revenue Service over corrections under the Employee Plans Compliance Resolution System (EPCRS) in connection with qualified plan matters
Representation of employers in connection with benefit plan audits by the Internal Revenue Service, Department of Labor, and Pension Benefit Guaranty Corporation
Representation of employers in connection with the administration and consolidation of 401(k) plans and other benefit plans following business mergers and acquisitions
Keen v. Weaver, 121 S.W.3d 721 (Tex.), cert. denied, 540 U.S. 1047 (2003)
Member, American Bar Association; Taxation Section
Member, State Bar of Texas; Taxation Section, Employee Benefits Committee
Member, Dallas Bar Association; Employee Benefits/Executive Compensation Section, Executive Council, 1993-1995
Member, SouthWest Benefits Association
Member, St. Thomas More Society
Board of Directors, Texas Exes Dallas Chapter
Instructor, Richland College, 1994-1995; Employee Benefits, Legal Overview
Member, Knights of Columbus; State Advocate, Texas State Council, 1996-1998
Russell is a contributor to T&K Tax Knowledge, a blog focused on updates and analysis on tax law developments. Below is a list of recent blog posts.