Failing to comply with the Employee Retirement Income Security Act (ERISA) can lead to significant penalties. Employers and plan administrators must follow ERISA's rules to avoid costly consequences. Understanding these penalties can help you stay in compliance and...
The Employee Retirement Income Security Act (ERISA) sets rules to protect retirement savings. One key rule is the anti-alienation clause, which prevents creditors from taking pension benefits. This helps retirees keep their income, even when facing financial trouble....
Excessive fee claims under the Employee Retirement Income Security Act (ERISA) have become a common legal battle. Employees nationwide face hurdles when challenging fees tied to their retirement plans. Understanding these challenges can help employees protect their...
Whistleblowers help expose problems and wrongdoings at work, even when working from home. Knowing the legal protections in Delaware can help both employers and employees handle whistleblower situations in a remote work setting. Legal protections under Delaware law In...
The Department of Labor (DOL) recently updated its cybersecurity rules for ERISA-covered plans. These new rules help protect the sensitive information of millions of people with retirement plans. Plan sponsors, administrators, and service providers need to understand...
The Employee Retirement Income Security Act (ERISA) plays a significant role in governing employee benefits, including severance pay and ESOPs. Understanding how ERISA applies to these areas is crucial for both employers and employees involved in disputes. ERISA and...
When fiduciaries mismanage Employee Retirement Income Security Act (ERISA) funds, the consequences can be severe. Understanding the consequences is crucial for anyone involved in managing ERISA-governed plans. Fiduciary responsibilities under ERISA Under ERISA,...
The Employee Retirement Income Security Act (ERISA) protects employee benefit plans in Delaware. ERISA keeps employee retirement savings and benefits safe from mismanagement and loss. It can be helpful to review a breakdown of how ERISA works to safeguard these plans....
Employee benefits play an important role in the lives of workers, offering financial security and peace of mind. The Employee Retirement Income Security Act significantly impacts these benefits. It ensures that employees receive fair treatment and protection. Pension...
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...
