Our employee benefits attorneys represent multi-billion-dollar ERISA trust funds, including many multi-employer pension plans and health and welfare plans, including vacation and training funds. We make sure all documents are legally correct, employers are making proper contributions and that complex lab...
What are the advantages of employee stock ownership plans? What will be an ideal response? What are the advantages and disadvantages of a person-focused pay plan? What is ERISA? What is the difference between a defined benefits plan and a defined contri...
Whether you’re required by law to name a spouse on certain retirement accounts (for retirement accounts governed by the Employee Retirement Income Security Act (ERISA), like 401(k) plans, SEP plans, SIMPLE IRAs and pension plans, spouses must be informed if they are not named as a primary...
What are the benefits of a venture plan? What is a defined contribution plan? What is considered an employee benefit plan under ERISA? What are some of the advantages of bonus plan incentives? What is a cafeteria-style benefit plan?
Glenn , federal courts are faced with increasing discovery requests, and related motion-practice, in ERISA benefits cases. This article analyzes the types of requests courts now frequently face and discusses whether expanding ERISA discovery actually serves the public's interest and whether the ...
Federal regulations for retirement plans— Since in transferring ownership of your company to your employees in this way, you are in essence creating a defined contribution retirement plan governed by the Employee Retirement Income and Security Act of 1974 (ERISA), it’s critical that you are comp...
Learn what defines a qualified retirement plan and what sets it apart from non-qualified plans. Consider how a person benefits from having a qualified plan.
Although FSAs can be a great addition to any employee benefits package, there are a few limitations. For example, a healthcare FSA is considered a group health plan, which is subject to several federal laws. “For instance, the Employee Retirement Income Security Act (ERISA) and the Internal...
Allocated Benefits and ERISA Allocated benefits provide the employees who participate in that plan with an added level of security and stability. Because the benefits that have been purchased are paid up, the employees can rest assured that they will receive those benefits even if their former empl...
Who Are the Recipients of Withdrawal Benefits? Withdrawal benefits come into play most often for employees who are leaving the type of midsize-to-large employers that tend to offer 401(k)s. Vested employees often receive a check for any withdrawal benefits; for tenured employees, this may be...