"They want to make sure that the employee, the person who is contributing money to these plans, is protected and that the employer is acting in the best interest of the employee." ERISA is ...

For that, you can thank the Employee Retirement Income Security Act (ERISA), which turns 50 this fall. Likewise, if you’re fortunate enough to have a traditional pension, ERISA protects your ...

ERISA also significantly limits the transactions that a plan asset vehicle may enter into with persons having specified relationships with the plan (including, e.g., any person providing services ...

Way too late. The problem was that his health plan was governed by the Employee Retirement Income Security Act of 1974 (ERISA), a law that was initially focused on addressing pension fraud and ...

As the ruling explains, the duty of loyalty requires ERISA fiduciaries not to be influenced by the interest of any third person or by motives other than the accomplishment of the purposes of the ...

Although Reed said the defendants violated ERISA’s duty of loyalty, he rejected the plaintiff’s argument that the defendants violated ERISA’s duty of prudence, which covers plan’s ...

In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...

It means you promise to act on behalf and in the best interest of another person or multiple people ... Retirement Income Security Act of 1974, or ERISA, holds benefit plan sponsors and their ...

The ERISA consultants at the Retirement Learning Center (RLC) address whether it’s possible to aggregate RMDs from an annuitized IRA with RMDs from an IRA that isn’t annuitized to determine the total ...

The Employee Retirement Income Security Act, or ERISA, is a federal law enacted in 1974 that protects retirement assets by requiring clear plan details, fiduciary responsibility and participant ...