Posted by Sean Crisp & Associates Insurance Agency on
ERISA COMPLIANCE
Posted: June 4, 2013
WHAT IS ERISA? •The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for retirement and health benefit plans in private industry. ERISA does not require any employer to establish a plan. It only requires that those who establish plans must meet certain minimum standards. • Company size does not matter. All companies regardless of size are subject...