Andrew Strimaitis

Academic Degrees

• LLM, University of Florida
• JD, Loyola University
• BBA, Loyola University​

Professional Certifications

• Licensed Attorney (Illinois)

Biography

Andrew Strimaitis is a partner in the Compensation & Employment Group of Barack Ferrazzano Kirschbaum & Nagelberg. He advises on a wide range of benefits issues including design, implementation, operation and termination of tax-qualified retirement and welfare benefit plans. Andy regularly advises clients with respect to ERISA’s fiduciary duty and prohibited transaction rules. He also has helped clients correct benefit plan defects through Department of Labor and Internal Revenue Service voluntary correction programs and has assisted clients with negotiating settlements with regulatory authorities. Andy has substantial experience drafting and advising on executive and incentive compensation plans and nonqualified deferred compensation plans, including advising on the operation of Code Sections 409A (nonqualified deferred compensation), 162(m) ($1.0 million deduction limit on compensation) and 280G (change in control). He also advises employers on employee benefits and executive compensation matters arising in connection with mergers and acquisitions, as well as the employee benefits transition and integration issues associated with such transactions.

Andy is the Vice Chair of the Board of Trustees at Merit School of Music. In addition, he has served as a volunteer attorney for Project SALUTE, a pro bono legal project that provides assistance on federal benefits issues to U.S. military veterans.