ERISA
ERISA is a federal law passed to protect pension rights. The U.S. Congress, out of concern over corporate mismanagement of worker's retirement funds, passed this act in 1974.
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Frequently Asked Questions
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Will I Know if My Retirement Plan is in Trouble?
Yes, if your plan administrator is acting according to the requirements of the Employee Retirement Income Security Act of 1974 (ERISA) then you should know if your retirement is in … more -
What Happens to My Retirement Plan if My Company Goes Bankrupt?
According to the Employee Retirement Income Security Act of 1974 (ERISA), your employer sponsored retirement account should be safe even if the employer declares bankruptcy. ERISA requires … more
Legal Articles
- What Your Company Must Disclose to You About Your Retirement Plan
Do you have questions about your employer sponsored retirement plan? Many employees do and rightly so since they invest their hard earned money in those plans and then relinquish much of the administration and control of the plan to others. Employees are entitled to specific information about the plan in which they participate if the plan falls under the jurisdiction of the Employee … more - What You Should do If Your Retirement Plan has Been Mismanaged
Retirement benefits are an important part of your employment compensation package. For many people, these plans are the most cost effective way to save for retirement. However, with the benefits of retirement plans come some risks. Individual employees must count on the plan’s administrator and other fiduciaries to make important decisions that will affect the amount of … more
