What does a retirement plan self-audit have in common with routine auto maintenance? You really should not put it off until later! There is a big financial benefit to employers who find and fix their plan problems before the IRS and DOL do!
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We share expert insights on executive compensation, retirement plans, fiduciary duties, and more.
Stay updated on the latest legal trends and practical advice for employers and executives.
Plan fiduciaries need to secure in-house data and investigate their outside vendors’ procedures.
Read MoreCarol Buckmann was quoted in this Bloomberg Law article analyzing the Texas federal district court decision in Spence v. American Airlines, Inc. and American Airlines Employee Benefits Committee refusing to dismiss the case. She discussed defects in the case that would most likely have resulted in dismissal of this politically-motivated lawsuit in another court.
Read MoreCohen & Buckmann Expands, Welcomes Gretchen Harders from Epstein Becker & Green
Read MoreSECURE 2.0 allows non-highly compensated employees to contribute to emergency savings accounts. The IRS and the Department of Labor have now issued guidance clarifying the rules.
Read MoreWhen a New York employer tries to enforce a Non-Compete agreement under Delaware law, beware! The waters on the Delaware river just got rougher!
Read MorePlaintiffs want a retrial to change a jury’s determination that there were no damages from a fiduciary breach involving Yale’s retirement plan. The DOL supports them. Which standard applies?.
Read MoreThe webinar will discuss state retirement savings plan mandates, employer-sponsored plan options that can provide larger benefits than state programs, and tax incentives available to small businesses adopting new plans.
Read MoreMost new plans will be required to have auto-enrollment and auto-escalation beginning in 2025. The “grab bag” guidance in Notice 2024-02 addresses how this requirement will be applied to mergers and spinoffs, but leaves other basic questions unanswered.
Read MoreClarification of the rules for electing Roth employer contributions should spur more plan sponsors and vendors to consider allowing them.
Read MoreHere are some developments that could change things for the better in 2024.
Read MoreCohen & Buckmann, P.C. is pleased to announce that Brett Good has joined Cohen & Buckmann as Senior Counsel expanding the Firm’s experienced legal team in the area of Executive Compensation.
Read MoreMost small companies (and the individuals that own and control them) will need to report under the Corporate Transparency Act (CTA), effective January 1, 2024, but the reports aren't due until January 1, 2025. See Lauri London's summary (and handy chart) of CTA requirements and definitions that you need to know.
Read MoreThe fiduciary responsibility to review the reasonableness of plan compensation extends to indirect compensation. Failure to do so can result in a non-exempt prohibited transaction.
Read MoreRead our interview with Irene and learn about her ability to see both sides of a dispute and provide nuanced legal advice and negotiating strategies makes her a trusted business advisor and coach who advocates for her clients and offers them pragmatic solutions.
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