The Employee Retirement Income Security Act of 1974, or ERISA, is a federal law that sets minimum standards for pension plans in private industry.Requires plans to provide participants with information about the plan including important information about plan features and funding. The plan must furnish some information regularly and automatically. ERISA sets minimum standards for participation, vesting, benefit accrual,funding and requires accountability of plan fiduciaries.
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Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc., does not sell health insurance.