NFL fans in New Jersey and around the country know that football is a violent game. The league’s retirement plan was established to provide benefits to retired NFL players who are suffering from debilitating medical conditions caused by years of playing the game, but...
ERISA
Why the type of disability plan matters when you have ADHD
Individuals suffering from ADHD in New Jersey and across the nation are impacted in practically every area of life. Therefore, it is essential for them to make sure they have the necessary resources to manage their condition and lead quality and fulfilling lives. Part...
ERISA disability plans in New Jersey
The Congress enacted the Employee Retirement Income Security Act (ERISA) in 1974 to set minimum standards for employees' pension and health plans in private employment. So, if you have a disability, your employer in New Jersey may have a disability plan to help you...
Private disability insurance vs. ERISA plans: pros and cons
Deciding to get long-term disability insurance is like facing a choice between two important job offers. On the one hand, there's private insurance. This choice offers a customizable package tailored to your unique circumstances. It is like a job role that aligns...
What fiduciary responsibilities does ERISA enforce?
The Employee Retirement Income Security Act (ERISA) establishes specific standards concerning certain health and retirement plans for employees in the United States. This law imposes requirements to plan providers, such as keeping participants informed and committing...
Who can be an ERISA retirement plan beneficiary?
Joining an ERISA-regulated retirement plan may leave you wondering if there are any restrictions on whom you can name as a beneficiary. Whomever you name will receive the benefits of your plan after your passing. Naturally, most people want these benefits to go to a...
Understanding mental health coverage under ERISA
Amidst the clamor of today's fast-paced world, the profound significance of mental health can sometimes elude our collective awareness. Mental health impacts every aspect of our lives, just as our physical health does, yet it's often stigmatized. While more people are...
Former football players form a class-action lawsuit against the NFL
New Jersey is a state full of avid football fans. Whether you root for the local USFL team, the New Jersey Generals, or a nearby NFL team, it's hard to deny that football is a hard-hitting sport. However, ten former NFL players, including Willis McGahee, Jason Alford,...
How does ERISA protect you?
The Employee Retirement Income Security Act (ERISA) is a federal law that establishes minimum requirements for retirement and health care plans of private companies. It protects employees and their beneficiaries by setting a higher standard for employers to follow if...
The types of disability insurance in New Jersey you need to know
If you live in New Jersey, you may be considering disability insurance to protect yourself in the event of unexpected injuries or illnesses. There are several types of disability insurance available, including ERISA/Private Long Term Disability insurance. What...