A Look at ERISA Rules
What does ERISA mean? The Employee Retirement Income Security Act of 1974, or ERISA, is a federal law that outlines the minimum standards for pension in private industry. It was signed into law by President Gerald Ford on September 2, 1974. ERISA rules were enacted to protect employee interests in benefit plans. This is done through ERISA rules that require the disclosure of financial information to plan beneficiaries, establishing a conduct code for plan fiduciaries,Read more