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What is ERISA, and what types of organizations can be subject to ERISA with regard to their 403(b) plans?

April 26, 2017ERISA Organizations plans regard Subject types

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What is ERISA, and what types of organizations can be subject to ERISA with regard to their 403(b) plans?

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The Employee Retirement Income Security Act of 1974 (ERISA) protects the retirement assets of Americans by implementing rules that qualified plans and 403(b) plans must follow to protect the benefits of participants and beneficiaries.