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About Bruce Ruud
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Regional Director,
Department of Labor
Revenue Agent, IRS
ERISA Compliance
Audit
Certified Employee Benefit Specialist
Chartered Mutual Fund Counselor
Chartered Retirement Plan Specialist
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In 2001, Bruce Ruud formed Bruce Ruud & Associates, LLC after
almost 30 years with the Internal Revenue Service and the U.S. Department of
Labor.
Bruce Ruud joined the Pension and Welfare Benefits
Administration of the U.S. Department of Labor in 1977 as an Investigator in the
New Orleans Area Office. He transferred to Dallas as the Deputy Area Director in
August 1985 and became the Regional Director in 1991. The Dallas Region is
responsible for civil enforcement of Title I of the Employee Retirement Income
Security Act of 1974 and the criminal statutes in Texas, Louisiana, Arkansas,
New Mexico and Oklahoma. There are approximately 90,000 plans throughout this
Region, which covers 12 million participants and contains over $300 billion in
assets. During Bruce’s tenure as the Regional Director, the Region recovered
over $260 million for workers and their families.
Prior to joining the Department of Labor, Bruce was a
Revenue Agent for the Internal Revenue Service in Corpus Christi, Texas and New
Orleans, Louisiana. He joined the IRS in 1972 and spent three years performing
audits of individuals, partnerships and corporations until 1975 when he joined
the Employee Plans Division and reviewed employee benefit plans to insure
compliance with ERISA. Prior to that, he worked as a cost accountant in the
private sector. Bruce graduated from the University of Texas in Austin in 1971
and is a Certified Employee Benefit Specialist, a Certified Financial Planner, a
Chartered Mutual Fund Counselor and a Chartered Retirement Plans Specialist. He
has testified many times as an expert on employee benefit plan matters in
Federal District Court as well as the U.S. Congress and is a frequent speaker on
issues regarding employee benefit plans. Bruce serves on the Board of Directors
for the Dallas-Ft. Worth Chapter of Certified Employee Benefit Specialists and
on the U.S. Department of Labor Practitioner Council.
Bruce is an active member of the Southwest Benefits
Association, the International Society of Certified Employee Benefit
Specialists, the Dallas Benefits Society and the Worldwide Employee Benefits
Network.
Bruce is a veteran of both the U.S. Navy and Army, is
married and has three daughters.
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