Carroll J. Savage, Attorney

Mr. Savage is the firm's senior partner in employee benefits, an area on which he has focused since 1968, before the development and enactment of ERISA. As a specialist in employee benefit matters for over 35 years, Mr. Savage has had wide experience in advising clients on plan design and operational matters and in handling a comprehensive spectrum of legislative, regulatory, and compliance issues over the entire range of the employee benefits field, including qualified retirement and savings plans, cash balance plans, employee stock ownership plans, foreign pension plans, stock options and executive compensation, and welfare benefits. He is perhaps best known for his leading role in engineering the amendments to the Internal Revenue Code in 1978 that allowed employers to offer 401(k) plans and cafeteria plans.

Mr. Savage attended Harvard Law School, where he served on the Board of Editors of Harvard Law Review, receiving his J.D., magna cum laude, in 1963. He previously received a B.A. in Political Science, optime merens, from the University of the South (Sewanee), and an M.A. in International Economics from the Fletcher School of Law & Diplomacy. Mr. Savage is a member of the Employee Benefits Committee of the Tax Section of the American Bar Association, the District of Columbia Bar and the Bar Association of the District of Columbia.