Sweetnam announced his decision at the American Bar Association Section of Taxation meeting, saying he would step down as of February 25. He has held the position since 2001, and was responsible for providing policy analysis and advice to the Assistant Secretary of Tax Policy regarding aspects of employee benefits taxation. No replacement has been named.
Sweetnam was the Treasury’s primary contact point with Congress regarding provisions for IRA and pensions in the Economic Growth and Tax Relief Reconciliation Act of 2001.
Sweetnam is leaving to pursue opportunities in the private sector.