Understanding ERISA in New Jersey

Under federal law, the Employee Retirement Income Security Act of 1974 ensures that private employers provide their workers with an adequate retirement plan. While this is ERISA's main purpose, its provisions also extend into other benefits that employees are entitled...

The ERISA claims and appeals process

Residents of Hackensack and other areas of New Jersey may want to learn more about how to file and appeal claims under ERISA, which stands for the federal Employee Retirement Income Security Act. Here are the steps for a self-insured employer's plan. 1. Contact your...

ERISA auditing has a new standard

ERISA protects New Jersey workers from sub-standard health care and retirement plans a private employer might offer. There are several audit procedures in place to make the evaluation process fair and accessible for everyone. Recently, the AICPA added a new standard....

Common ERISA violations

New Jersey and every other state in the union must adhere to ERISA law. ERISA is a system that seek to protect employees from private employers who offer their employees certain plans such as profit-sharing and health care plans, to name a few. Private employers must...

IRAs, disabilities and workers

Several different instruments are available for retirement savings. Many New Jersey residents have a 401(k) or 403(b) through their employers. Recently, the idea of automatic IRAs has been gaining ground. They provide important advantages for small employers. They're...