(HBKW). Agreement between LEAA and HBKW; Application of the Employee Retirement Income Security Act on the plan; Court ruling on the case.EBSCO_AspErisa Litigation Alert
If an advisor acts as a fiduciary under the Employee Retirement Income Security Act (ERISA), they are subject to the higher standard–the fiduciary best-advice standard—rather than the lower, merely suitable advice standard. Their designation can limit the products and services they are allowed t...
(44) But, as may be obvious for clients who are not subject to ERISA or other special regulatory requirements, a bank can delineate its role as fiduciary by contract and thus avoid liability for services expressly excluded. This is how some though...
Traditional IRAs allow individuals to make tax-deductible contributions, meaning they can exclude the amount contributed from their taxable income for the year. The funds in a Traditional IRA grow tax-deferred until withdrawal, at which point they are subject to income tax. This type of IRA is ...
Although distributions from the plan are subject to ordinary income taxes, you avoid the 10% additional tax on distributions taken if you turn: Age 55 or older in the year you leave your company. Age 50 or older or 25 years of service (whichever is first) in the year you stop working ...
While there are cross-country consumer protection laws that apply to association health plans, many state regulations keep away from the subject of AHPs. AHPs might not need to meet the stricter financial stability prerequisites of most other insurance plans, follow local complaint resolution laws, ...
court on a lawsuit filed against Warnaco Employees' Long Term Disability Insurance Plan that benefit claim files are subject to Employee Retirement Income Security Act record retention requirements. Details on the statute; Background on the case; Main purpose for the enactment of the act....
Supreme Court Finds Severance Payments are Subject to FICARobert M Projansky
A client may, subject to limitations, impose restrictions on which securities and the amount of those securities that can be purchased in the client's account. ClearBridge or FTPPG will select broker-dealers to execute securities transactions in your account. Please see Item 12...