Michael A. Powers joined O’Donoghue & O’Donoghue LLP in June 2012 after earning his Master of Laws in Taxation (LLM) with a Certificate in Employee Benefits Law at Georgetown University Law Center.
Mr. Powers advises the Firm’s benefit trust fund clients regarding a multitude of IRS and ERISA issues. His practice areas include plan design, drafting and administration, participant communications, reporting and disclosure requirements, fiduciary issues, prohibited transactions, contract negotiations, plan qualification rules, funding rules, ACA compliance, HIPAA compliance, COBRA compliance, Code Sections 409A, 457 and 501, voluntary employees’ beneficiary associations (VEBAs), health reimbursement arrangements (HRAs), flexible spending arrangements (FSAs), and the proper tax treatment of employee benefits.
Mr. Powers is a graduate of the University of Michigan and the John Marshall Law School of Chicago. As a law student, he earned an award given to the highest scoring student in three courses. Prior to joining the firm, Mike supported a sole practitioner in representing welfare plans designed for the benefit of the membership of a major airline pilot union.