Margret Warrick Truax

Margret Warrick Truax concentrates her practice on advising clients in all aspects of plan design and compliance for numerous types of employee benefit and executive compensation plans including nonqualified deferred compensation plans; qualified retirement plans (such as Code Section 401(k), profit-sharing, and defined benefit plans); tax-deferred annuities (such as Code Section 403(b) plans); health and welfare benefits (such as health and dental plans, cafeteria plans, HSAs, FSAs, HRAs, wellness programs and employee assistance programs) and non-taxable fringe benefits (such as qualified transportation plans and DCAPs).

Margret counsels clients during each step of plan design from plan selection and drafting to choosing appropriate funding vehicles such as custodial accounts, voluntary employee beneficiary trusts, insurance contracts or self-funding.  Her knowledge of ERISA, HIPAA, COBRA, PHSA, and Code Section 409A and other provisions of the Internal Revenue Code is crucial in advising clients regarding the complex requirements that must be satisfied to maintain compliance with the law.

Margret also counsels public and private companies regarding employee benefit plan issues in mergers, acquisitions, financings and other major business transactions.

Professional Leadership

• American Bar Association, Tax Section, Member
• Western Pension and Benefits Conference, Member
• Seattle Pension Roundtable, Member
• Asian Bar Association of Washington, Member 

Community Involvement

• American Red Cross of King and Kitsap Counties, Volunteer Advisory Council, 2005-2006

Related Employment

• Planned Parenthood of Western Washington, Legal Extern, Spring 2005
• Bennett Bigelow & Leedom, PS, Summer Associate, Summer 2004
• Low Income Taxpayer Clinic, Legal Extern, Fall 2003 through Spring 2004
• Perkins Coie LLP, Summer Associate, Summer 2003
• Law Offices of David S. Vogel, PLLC, Nurse Medical Chart Reviewer, Summer 2002