ERISA stands for the Employee Retirement Income Security Act of 1974. The simplest way to understand ERISA is that it establishes minimum standards for most employer-provided retirement (pension plans), health, and other welfare benefit plans, including life...
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Supreme Court to hear three major ERISA cases
After three years without hearing any significant Employee Retirement Income Security Act (ERISA) cases, the U.S. Supreme Court has scheduled three prominent lawsuits during its current term, which began on Oct. 1. A recent study found that while ERISA cases have a...
Why might an insurance company deny a life insurance claim?
When a loved one dies, you face many struggles. You will have to deal with the emotions around losing someone you loved. You will have to plan and pay for a funeral and burial costs. But one struggle you don't want to have is fighting a life insurance company....