As an employee, it is important to be aware of your rights and protections under the Employee Retirement Income Security Act. ERISA ensures that those responsible for managing your retirement funds act in your best interest. However, breaches of fiduciary duty can...
Erisa & Employee Benefits
The truth behind common misconceptions about ERISA
The Employee Retirement Income Security Act is a federal law to protect employees participating in employer-sponsored benefit plans. However, several misconceptions surround ERISA, which can make it difficult to understand your rights and responsibilities....
Can I appeal an ERISA claim denial?
When facing the denial of an Employee Retirement Income Security Act claim, individuals often wonder about their options for appeal. ERISA governs employee benefit plans offered by employers, encompassing health insurance, disability benefits and retirement savings....
What are the employer requirements under ERISA?
The Employee Retirement Income Security Act of 1974 protects the rights of private industry employees by setting standards for health and retirement plans. The U.S. Department of Labor reported ERISA covers plans for about 141 million workers. By familiarizing...
Is your employer committing ERISA violations?
The Employee Retirement Income Security Act establishes standards to protect your retirement, health and other work-related benefits. If your Delaware employer fails to adhere to these standards, they might be committing ERISA violations. Recognizing these violations...
Identifying potential ERISA violations by your Delaware employer
The Employee Retirement Income Security Act (ERISA) is a federal law that sets minimum standards for retirement and health plans in the private industry. This act protects the interests of employees in these plans. Yet, violations can occur, and understanding the...
Fiduciary responsibilities under ERISA
The Employee Retirement Income Security Act of 1974 protects your retirement plan from abuse, fraud and mismanagement. Under ERISA, the people who manage your retirement plan have certain duties, including fiduciary responsibility. If you have a retirement account,...
The statute of limitations for ERISA violations
ERISA violations affect retirees’ ability to maintain a good quality of life after their work life concludes. Like many legal issues, however, there is a statute of limitations. According to the American Bar Association, ERISA violations have a statute of limitations...
What are common ERISA violations?
American workers have benefits protection under the Employee Retirement Income Security Act (ERISA). According to the U.S. Department of Labor, ERISA demands that employers remain transparent with their benefits packages, own fiduciary responsibility over the assets...
Does my severance package qualify for ERISA protection?
Receiving a severance package should give you peace of mind that you will receive pay and benefits if you have to leave your job unexpectedly. However, some employers do not follow through with their promises. You might wonder if your severance package qualifies for...