Everyone has heard about required minimum distributions (RMDs) for retirement plans and IRAs, but few of us really know how they work. RMDs are the government’s way of limiting tax deferred savings and recouping some taxes.RMDs generally were established to ensure that individuals begin withdrawing funds from their retirement plans, like 401(k)s, and IRAs, at
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Sandra Cohen and Carol Buckmann Named to 2025 Lawdragon 500 Leading Corporate Employment Lawyers Guide
By Sandra Cohen
Lawdragon has once again named Cohen & Buckmann P.C.’s managing and founding partner Sandra W. Cohen and founding partner Carol I. Buckmann to its 2025 Lawdragon 500 Leading Corporate Employment Lawyers guide. The list recognizes the nation’s top advisors on workplace mobility, employee benefits and executive compensation, traditional labor matters and employment disputes. Cohen and…
Carol Buckmann and Gretchen Harders to Lead ERISA Fiduciary Best Practices Webinar for ABA’s Joint Committee on Employee Benefits
By Sandra Cohen
Cohen & Buckmann founding partner Carol I. Buckmann and partner Gretchen Harders will provide guidance to fiduciaries who manage ERISA-covered plans and their legal advisers in an Oct. 8 webinar for the American Bar Association’s Joint Committee on Employee Benefits.Buckmann and Harders will present “The Intelligent Fiduciary: Common Problems ERISA Fiduciaries Can Avoid,” providing practical…
Carol Buckmann to Moderate ERISA at 50 Webinar
By Sandra Cohen
Cohen & Buckmann founding partner Carol I. Buckmann is set to moderate an upcoming webinar on ERISA’s 50th anniversary, hosted by the Worldwide Employee Benefits (WEB) Network and co-sponsored by Cohen & Buckmann. The complimentary webinar, titled “Retirement Saving, Pensions, and ERISA at 50: Where Do We Go From Here?” will take place on…
What's Next for Non-Competes?
By Sandra Cohen
In a ruling that was predicted by many employment experts, a federal judge in the Northern District of Texas ruled on August 20, 2024 that the Federal Trade Commission cannot enforce its new rule (the “Non-Compete Ban”) that would have imposed a nationwide ban on most non-compete covenants. We previously wrote about the proposed FTC…
Cohen & Buckmann Attorneys Recognized in the 2025 Edition of The Best Lawyers in America®
By Sandra Cohen
The Best Lawyers in America® 2025 rankings recognize more than half of Cohen & Buckmann’s attorneys as top leaders in their field. The rankings include the firm’s co-founder and managing partner Sandra Cohen, co-founder and partner Carol Buckmann, and partners Gretchen Harders, Lauri London and Zahava Blumenthal, all of whom were…
ERISA Plan Investment Committee Governance: Avoiding Breach of Fiduciary Duty Claims
By Ador M
EVENTEvaluating Fiduciary Risks and Avoiding Claims of Breaches by Investment Committee MembersThursday, September 5, 20241:00pm-2:30pm EDT, 10:00am-11:30am PDTCarol Buckmann and Gretchen Harders will speak at a Strafford webinar, a live 90-minute premium CLE video webinar with interactive Q&A that will discuss the importance of appropriate and effective investment committee governance. They will review best…
Takeaways from Dismissal of Anti-ESG Lawsuit Against New York City Pension Funds
The New York County Supreme Court has dismissed a case that challenged the decision by the New York City Employees’ Retirement System (“NYCERS”), Teachers’ Retirement System (“TRS”) and Board of Education Retirement System (“BERS”) to divest billions of dollars of investments in companies involved in the extraction of fossil fuels (Wong v. NYCERS, TRS…
The Supreme Court’s Rejection of Chevron Deference Could Upend Employee Plan Compliance
Imagine that you have spent considerable time and money to set up systems to comply with new regulations. These include changes to your plan’s record keeping system, plan document, communications and compliance procedures. Years later, a court invalidates the regulations, which might restore the prior rules. or leave important statutory issues and terms undefined. The…
Chevron's Demise Creates Special Challenges for Defined Contribution Plans
Carol Buckmann provides further critical insight into the demise of Chevron deference in a Pensions & Investments article addressing the impact on defined contribution plan sponsors. Less certainty, she notes, increases burdens on service providers and may disincentivize employers to adopt new benefit plans.