What are my COBRA responsibilities if I’m managing my own benefits?
It all depends. If you are an over-20 company, then Federal rules currently govern your obligations. However, if you are [...]
Can the ERISA Trust manage COBRA compliance?
For companies participating in an ERISA Trust, the Trust Administrators maintain compliance by insuring that employee health benefits continue under [...]
How is COBRA related to ERISA
The Consolidated Omnibus Budget Reconciliation Act (COBRA) is, in fact, an amendment to ERISA. COBRA gives workers and their families [...]
What if I manage my own employee benefits, are there Government resources to help me maintain compliance?
If you choose to provide your own benefits to employees, the Employee Benefits Security Administration (EBSA) provides many forms of [...]
Will I have to create the Summary Annual Report?
The plan administrator is required by the Employee Retirement Income Security Act (ERISA) to provide participants with a copy of [...]
Will the ERISA Trust provide employees with the Summary of Plan document?
The Employee Retirement Income Security Act (ERISA) requires employers to give plan participants (employees) a summary of their plan, called [...]
Are Participant Rights different for ERISA Trusts?
Any Employee participating in a Health & Welfare plan is granted several important rights by the Employee Retirement Income Security [...]
What are the advantages / disadvantages of being named as an ERISA Trust fiduciary?
As a Trustee, you retain certain legal rights and obligations to the Trust. The Advantage of these responsibilities is that [...]
Will I have fiduciary responsibility for my ERISA Trust?
The ERISA Trust will require a Trustee to be identified in the plan. If an individual or officer of your [...]
What Fiduciary responsibilities does an ERISA Trust have?
The Employee Retirement Income Security Act (ERISA) protects a plan's assets by requiring that any persons or entities who have [...]