Budgeting and Financial Planning

How ERISA Impacts Your Retirement

Rodney Brooks
July 5, 2022
This federal law determines many of the rules for your 401(k) or pension.

The Employee Retirement Income Security Act is a federal law enacted in 1974 that protects the retirement assets of American workers. The law mandates rules that pensions401(k)s and employee health care plans are required to follow to ensure that plan administrators act in the best interests of plan participants.

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