Karl Rand is a senior associate at Wolds VanderWal PC. His practice focuses on ERISA tax qualification and fiduciary compliance matters. Karl’s experience includes ERISA litigation. He serves as an expert witness in ERISA cases, but his practice primarily involves ERISA transactional work.

Karl advises employers, accountants, and plan fiduciaries on all aspects of employee benefit plans and executive compensation. He represents employers in IRS audits and DOL investigations of benefit plans, such as 401(k) plans, 403(b) plans, ESOPs, Health Plans, Cash Balance Pension Plans, and Section 125 Cafeteria Plans.

In his practice, Karl prepares and reviews QDROs for divorce cases and advises clients on how the prohibited transaction rules apply to pension plans and Individual Retirement Accounts (IRAs). He also advises employers on compliance issues under COBRA, HIPAA, Section 409A of the Internal Revenue Code, and the Patient Protection and Affordable Care Act.

Karl is a Certified Specialist in Taxation Law by the State Bar of California. For several years, he taught a course in Pension Law at the University of San Diego School of Law.

Areas of Practice
  • ERISA Tax Qualification and Fiduciary Compliance Matters
  • ERISA Expert Witness Services
  • Representation in IRS Audits and DOL Investigations
  • QDRO Preparation and Review
Education
  • University of San Diego School of Law, LL.M., 1999
  • University of San Diego School of Law, J.D., 1990
  • Cornell University, B.S., 1982
Bar and Court Admissions
  • State Bar of California
  • United States Supreme Court
  • United States Court of Appeals for the Ninth Circuit
  • United States District Courts for the Southern and Central Districts of California
  • United States Tax Court
  • United States Court of Federal Claims
Professional Organizations and Honors
  • San Diego County Bar Association
    Taxation Section, former chair
  • Western Pension & Benefits Council, San Diego Chapter
    Former president
  • Martindale Hubbell AV Preeminent rating
  • Selected to San Diego Top Lawyers by San Diego Magazine
Past Employment Positions
  • U.S. Army, Fort Carson, CO, Infantry Sergeant
    Army Achievement Medal
  • Merrill Schultz & Wolds, Ltd.
  • Branton & Wilson, APC
  • Luce Forward Hamilton & Scripps, LLP
  • McKenna Long & Aldridge LLP
  • Higgs Fletcher & Mack, LLP
  • Wolds Law Group, PC