The Employee Retirement Income Security Act of 1974 (“ERISA”), the principal federal law which regulates the benefit plans marketed to employers in this country, imposes specific requirements on most employer-sponsored “welfare benefit plans” (defined to include such things as life insurance, medical benefits and disability benefits). Government and church plans are exempted from ERISA, though church plans can elect to subject themselves to ERISA’s requirements....
By: Genova Burns LLC
By: Genova Burns LLC