Mr. Karelitz is an associate in the Employee Benefits and Executive Compensation Department.  He assists employers with the development and operation of legally compliant compensation and benefit programs that are aligned with company culture and goals.  He regularly counsels clients regarding tax qualified retirement plans and group health plans for union and non-union workforces, as well as executive compensation arrangements.

Qualified Retirement Plans.  Mr. Karelitz advises clients regarding the design, implementation, administration and termination of traditional pension and 401(k) plans.  His experience includes counseling clients regarding the effects of reductions in force, plant closings and other corporate events on existing retirement plans.  Mr. Karelitz also regularly assists clients with the correction of plan operational errors through self correction and IRS and DOL formal correction programs.  In addition, he has trained plan fiduciaries on legal obligations and best practices for plan administration and the investment of plan assets.  Mr. Karelitz routinely prepares plan documents and participant communications.

Executive Compensation.  Mr. Karelitz advises employers and senior management personnel regarding cash and equity incentive compensation, change in control, and executive severance arrangements.  He has negotiated and drafted employment and separation agreements.  Mr. Karelitz helps clients navigate the complex tax rules governing non qualified deferred compensation arrangements and performance based compensation.  Mr. Karelitz also drafts executive compensation proxy disclosure materials and advises clients regarding compliance with related SEC rules.

Health & Welfare Plans.  Mr. Karelitz advises employers regarding group health plan design and operation, including compliance with the Patient Protection and Affordable Care Act (i.e., health care reform).  He routinely prepares plan documents and participant communications.  Mr. Karelitz also counsels clients regarding issues arising in the day-to-day administration of group health and welfare plans, such as compliance with ERISA, COBRA, HIPAA, USERRA and other federal laws.  In addition, he has assisted clients in implementing fringe benefit programs such as educational assistance programs and qualified transportation benefit programs.

Pro Bono.  Mr. Karelitz participates in the Firm’s pro bono program.  He also serves a director of the Jewish Council for Youth Services (JCYS).

Mr. Karelitz is an associate in the Employee Benefits and Executive Compensation Department.  He assists employers with the development and operation of legally compliant compensation and benefit programs that are aligned with company culture and goals.  He regularly counsels clients regarding tax qualified retirement plans and group health plans for union and non-union workforces, as well as executive compensation arrangements.

Qualified Retirement Plans.  Mr. Karelitz advises clients regarding the design, implementation, administration and termination of traditional pension and 401(k) plans.  His experience includes counseling clients regarding the effects of reductions in force, plant closings and other corporate events on existing retirement plans.  Mr. Karelitz also regularly assists clients with the correction of plan operational errors through self correction and IRS and DOL formal correction programs.  In addition, he has trained plan fiduciaries on legal obligations and best practices for plan administration and the investment of plan assets.  Mr. Karelitz routinely prepares plan documents and participant communications.

Executive Compensation.  Mr. Karelitz advises employers and senior management personnel regarding cash and equity incentive compensation, change in control, and executive severance arrangements.  He has negotiated and drafted employment and separation agreements.  Mr. Karelitz helps clients navigate the complex tax rules governing non qualified deferred compensation arrangements and performance based compensation.  Mr. Karelitz also drafts executive compensation proxy disclosure materials and advises clients regarding compliance with related SEC rules.

Health & Welfare Plans.  Mr. Karelitz advises employers regarding group health plan design and operation, including compliance with the Patient Protection and Affordable Care Act (i.e., health care reform).  He routinely prepares plan documents and participant communications.  Mr. Karelitz also counsels clients regarding issues arising in the day-to-day administration of group health and welfare plans, such as compliance with ERISA, COBRA, HIPAA, USERRA and other federal laws.  In addition, he has assisted clients in implementing fringe benefit programs such as educational assistance programs and qualified transportation benefit programs.

Pro Bono.  Mr. Karelitz participates in the Firm’s pro bono program.  He also serves a director of the Jewish Council for Youth Services (JCYS).