You work hard for job benefits. The Employee Retirement Income Security Act of 1974 (ERISA) helps ensure that your employer and benefit plan administrators work hard to protect your benefits when you need them most. What plans are subject to ERISA? Many retirement, healthcare, and insurance plans for non-church and non-government employees. At the Peace […]
Each new year brings opportunities for change to many parts of life—especially when it comes to your financial future—and 2025 is no exception. In this coming year, several new rules and updates in federal law will bring significant changes to 401(k)s, individual retirement accounts (IRAs), and other retirement plans. In this blog post, we’ll give […]
When people set up retirement accounts, they sometimes forget to designate a beneficiary. Or perhaps they named a beneficiary, but their relationship with that person changed. A beneficiary will receive the benefits of your plan upon your death. The last thing you want is your hard-earned money to go to someone who is no longer […]
Americans paid $2,194,625 for personal health care in 2010. In that same year, private health insurance companies spent $849 billion and recovered an estimated $1.7 billion to $2.5 billion through subrogation. If you have filed a lawsuit against someone who injured you, and you received health benefits from a private employer, your health insurance company […]
Please Note: The Peace Law Firm is licensed to practice only in North Carolina and South Carolina. We’re not afraid of employers or insurance companies, and we can help you get the compensation you deserve. Finally, we handle all cases on a contingency basis. Even if you’re not sure whether you should file an ERISA […]
When you enroll in an employee benefit plan, you trust whoever manages it will act in your best interests. These managers, known as fiduciaries, play a vital role in safeguarding the benefits employees have worked hard to earn. Because of their important work, federal law binds fiduciaries to certain standards for responsible plan management. Under […]
Please Note: The Peace Law Firm is licensed to practice only in North Carolina and South Carolina. ERISA is a federal law that provides certain minimum standards for benefit plans provided by private employers. These standards include certain rights employees have against their employers. If you are a member of a group benefits plan, it […]
Employers often offer group life insurance benefits to employees, allowing workers to purchase life insurance coverage at a discount. In most cases, the life insurance company pays benefits to the beneficiary named in the life insurance policy without issue. However, insurance companies are always looking to keep money in their own pockets and frequently deny […]
Have your ERISA benefits been denied or underpaid? Contact Erisa attorney John Peace to schedule a free, fully confidential review of your case: (864) 485-6970 An ERISA claim refers to a legal action taken under the Employee Retirement Income Security Act (ERISA) of 1974. This law protects employees' rights to their benefits, such as retirement […]
Many employees understand that the Employee Retirement Income Security Act (ERISA) protects their rights and assets regarding employer-provided group health or retirement plans. However, many may not realize ERISA’s regulations can extend to severance agreements. If you’ve been dismissed and are expecting separation pay or benefits, your employer may be required to follow specific rules […]