Carol Buckmann, co-founding partner of Cohen & Buckmann, was quoted in a Society of Human Resources (SHRM) article titled, “When Employers Must Cut Their 401(k) Contributions to Stay Afloat.” The article quotes from Carol’s blog, “Employer Responses to COVID-19: Suspending Employer 401(k) Contributions,” which explains possible strategies for employers who are considering suspending or terminating their 401(k) as a means to reduce expenses as a result of the coronavirus pandemic.
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Carol Buckmann Quoted in SHRM Article Related to COVID-19 and When Employers Must Cut 401(k) Contributions to Stay Viable
By Carol Buckmann ·