Timothy Sumer

Each claim and benefit plan are different. Be sure to consult with an attorney.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Death Benefits- Spousal and Beneficiary ERISA Claims Losing a loved one is an incredibly difficult and emotional experience. While dealing with grief, it is important to understand and explore all the available benefits and options, one of which is death benefits provided by the Employee Retirement Income Security Act (ERISA). In this article, we will delve into spousal and beneficiary death benefits under ERISA, highlighting their significance and providing a comprehensive overview. ERISA is a federal law that sets standards for most employee benefit plans, including pension plans and group health insurance coverage offered by employers. Under ERISA, it is mandatory for employers offering such plans to...

Having both a 401(k) and an IRA can boost your annual retirement contributions by 30%. WSJ contributor Michael Pollock joins host J.R. Whalen to discuss what savers should know about each type of account. 0:00 401(k) vs. IRA 1:46 Advantages of having two retirement accounts 2:43 Disadvantages of having two retirement accounts 3:13 Roth IRAs and roth 401(k)s 5:24 Other retirement plans Your Money Briefing WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes. For more episodes of WSJ's Your Money Briefing: #401K #IRA #WSJ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA In today's economy, saving for retirement is more important than ever. Many workers have the choice of investing in a 401...

The last health insurance mandate that we will discuss covers employers who provide a group retirement plan and/or group health and welfare plans of basically any type, including medical, dental, vision, life insurance and others. Employee Retirement Income Security Act (ERISA) guidance must be followed in any of these cases Any organization that provides retirement or health and welfare plans must provide a document called a Summary Plan Description (SPD) telling beneficiaries about the plan and how it works—in plain language that the average employee can understand. The organization also has to provide similar information whenever the plan changes significantly and send an annual report to members, as well as meet some other requirements. A major provision of ERISA is guidance on retirement (pension) plan eligibility. If the company provides employees with a retirement plan, the guidelines in ERISA say that the plan has to be available to all employees over 21 years of ...