This ebook will debunk many of the most common myths and misconceptions surrounding ERISA and set the record straight for professionals seeking to protect their organization from unnecessary liability in administering employee benefits.
What's inside the e-Book
ERISA basics
ERISA exclusively applies to private employers, not government or religious entities such as churches. It is important to note that ERISA does not mandate employers to offer benefit plans; instead, it sets the regulations for benefits that employers might choose to provide.
ERISA misconceptions
While it intends to protect the interests of plan participants and their beneficiaries, ERISA’s intricate nature has created numerous misconceptions and myths. Understanding these common fallacies is crucial for fiduciaries, employers, and plan administrators to ensure compliance and avoid potential liabilities.
Helping your business manage
Fiduciary Liability Insurance is a crucial consideration for professionals managing the assets of others. This type of insurance protects fiduciaries from claims of negligence, errors, or omissions in their duties, which can result in significant financial losses.
