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64ERISA: Employee Retirement Income Security Act (the "401ks" Act)
A major goal of the Nixon and Ford Administrations was to develop a new working partnership between the Federal Government and the States and localities — a partnership termed New Federalism. The broad...
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66National City Bank Investigated for Possible ERISA Breach
The bank credited with writing the very first mortgage in America has also joined the ranks of those suffering huge losses thanks to the nation's credit crisis. In so doing, National City Bank may have...
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57Doctors prefer the public option
It isn’t very common that one detects a sea change among the practitioners of medicine. Last week the New England Journal of Medicine published a poll of thousands of American doctors across the...
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69How to Become an Enrolled Actuary with the Joint Board for the Enrollment of Actuaries
ERISA is a federal retirement income system. Those doing actuarial work in connection with ERISA need to become an enrolled actuary. Applicants with sufficient experience who can also pass the actuary exam get licensed by the Joint Board. ...
0 comments69Job Cuts At Wyeth Pharmaceuticals
A new round of job cuts at Wyeth Pharmaceuticals announced on March 30th adds further impetus for current, or former employees of Wyeth holding retirement funds in a Wyeth Savings Plan or Wyeth Union Savings...
0 comments62Sallie Mae 401(k): Their Stock Dropped, and Yours May Have, Too…
A move by Sallie Mae (SLM Corporation) to cut back on its core business has resulted in the corporation taking a stock hit. After the move was announced January 3, SLM Corporation stock dropped a sizeable...
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70The Truth about ERISA (Employee Retirement Act) and 401ks
Rich dad, Mike, and I went to one of our favorite Chinese restaurants for lunch. As usual, the place was packed because the food was good, the service fast, and the prices fair. We had to wait a few minutes...
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66What is Employee Retirement Income Security Act ERISA
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide...
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