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Betsy A. Olson



Betsy Olson advises plan sponsors on the design and operation of their qualified retirement plans, health and welfare plans, and other benefit plans, programs, and agreements. She provides practical advice to plan sponsors to assist in strategic benefits planning and ongoing compliance with the complex statutory rules and regulations that apply to these benefits, including the Employee Retirement Income Security Act of 1974 (ERISA)the Internal Revenue Code. Betsy has experience drafting and negotiating service provider contracts, preparing government filings, resolving pension and health plan claims, correcting retirement plan qualification and operational failures under the Internal Revenue Service (IRS) correction program, and responding to IRS inquiries and penalty assessments based on Affordable Care Act (ACA) reporting. She also assists with U.S. Department of Labor and Pension Benefit Guaranty Corporation audits and inquiries and reviews and drafts plan documents, amendments, summary plan descriptions and employee communications.

Prior Experience

Betsy previously served as counsel in the employee benefits and executive compensation group at a Los Angeles-based law firm. In that role she assisted clients in interpreting regulatory guidance and in complying with various legal requirements for qualified and non-qualified retirement plans and health and welfare plans, including the ACA, HIPAA, MHPAEA, ERISA fiduciary duties, the CARES Act, SECURE and SECURE 2.0 Acts, safe harbor 401(k) plan requirements, 409A compliance issues, and wellness plan requirements (EEOC, GINA).

She has also served as an associate at Faegre Drinker in the employee benefits and executive compensation group.

Personal Interests

Betsy enjoys spending time with her family, traveling and reading.


Bar Admissions



University of North Carolina School of Law
J.D. magna cum laude, Note & Comment Editor - Journal of International Law & Commercial Regulation (2007-2008) (2008)

University of Wisconsin
B.A. in History, with distinction (2004)

Insights & Events

Leadership & Community

Professional Associations

  • Orange County Women Lawyers Association
  • Western Pension & Benefits Council – Orange County Chapter
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