Latest News
ERISA at Age 50…A Recap of Where We are Today
Congress passed the Employee Retirement Income Security Act (ERISA)–the law that set minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans–was enacted in September of 1974. With this milestone in mind, Yahoo!Finance’s Brad Smith engages with RetirementRevised Publisher & Editor Mark Miller in a post yesterday to explore future protection for retirement financing. Their discussion recaps the evolution in retirement plans since 1974, and explores the potential of a “government-sponsored IRA program” for workers unable to access the benefits of 401k plans. Access the video of this discussion here (the segment on retirement plans begins at the 2:20:00 mark).
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.