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Philip L. Mowery

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Philip L. Mowery joined the Chicago office of Vedder Price in the Executive Compensation & Employee Benefits group in 1988 and became a Shareholder in 1995.

He counsels a variety of corporations in the manufacturing and service industries on all aspects of employee benefits law, including the design, tax qualification, legal compliance, interpretation and communication of retirement plans and welfare benefit plans.

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On September 15, 2025, the Department of the Treasury and the Internal Revenue Service issued final regulations implementing key provisions of the SECURE 2.0 Act relating to Roth catch-up contributions. The final regulations focus primarily on requirements relating to the so-called mandatory Roth catch-up contributions for participants who made more than $145,000 in FICA wages from the plan sponsor in the prior calendar year.Continue Reading Treasury and IRS Finalize Regulations for Roth Catch-Up Contributions Under SECURE 2.0