Bill Walderman counsels insurance companies on the taxation of insurance companies and their products. He works on the tax-compliant design and administration of life insurance and annuity products on behalf of insurers, other financial service providers and corporate purchasers; the remediation of non-tax compliant insurance products; and tax reserving and other insurance company tax issues.
Bill represents clients seeking private letter rulings and compliance waivers before the Internal Revenue Service (IRS) on insurance tax issues and also works on a number of tax controversy and litigation matters involving insurance issues.
In addition, Bill advises clients on the Employee Retirement Income Security Act (ERISA), specifically fiduciary issues under Title I. His ERISA work includes representing clients before the U.S. Department of Labor in prohibited transaction exemption and advisory opinion proceedings and in enforcement matters. He regularly advises clients on ERISA fiduciary issues arising in connection with securitizations and privately offered funds.
Before joining the firm in 1988, Bill spent nearly 14 years with the Office of the Solicitor for the U.S. Department of Labor, where he was involved in nearly all aspects of the department's ERISA program.
Sutherland advises on structuring retirement products and services to satisfy ERISA-prohibited transaction requirements.
Sutherland advises on ERISA issues in derivatives and securitizations.
Sutherland advises on tax and ERISA issues in the structure of timber investments for pension plan market.
• 409A Law