The federal Employee Retirement Income Security Act (ERISA) regulates most retirement and health plans private employers offer employees. However, not every employee welfare plan falls under ERISA’s purview. ERISA does not typically cover government and religious employers or plans maintained solely to comply with certain state laws. Complying with ERISA can be complicated, as can filing claims based on the complex regulations ERISA sets. Our ERISA claim attorney can help if you need to verify ERISA compliance or file an ERISA claim. We have been helping real people recover what they are enti ..read more

The Employee Retirement Income Security Act (ERISA) is a crucial, sweeping law. As such, courts are constantly resolving new ERISA issues. Plaintiffs bring new arguments, try novel theories, and focus on different parts of the plan. Meanwhile, different circuit courts respond to those new theories in distinct ways. All of these factors combine to create a shifting landscape around ERISA that you need to understand. In this article, we’ll discuss the latest ERISA litigation trends. Specific topics include the most common litigation issues, notable recent court cases, and updates to ERISA regul ..read more

The Employee Retirement Income Security Act (ERISA) plays a massive role in the benefits of American employees. However, only some people know how ERISA helps them. That means unsavory employers can shortchange employees by providing retirement and pension plans that fail to meet ERISA’s requirements. The best way to combat this behavior is to educate yourself about ERISA and how it applies to your pension arrangements. Consequently, we’ve written this concise exploration of ERISA and its relationship with pension plans. ERISA is a fundamental regulatory framework ensuring the integrity and f ..read more

You may have many personal reasons to sue a fiduciary that broke your trust, one of the fundamental reasons likely being significant financial loss. If you are a beneficiary and believe a fiduciary breached their duty, you may have a claim for a civil lawsuit.  What Is a Fiduciary Duty? A fiduciary duty is a legal obligation for an individual to act solely in the best interest of another person or entity. A fiduciary must put the welfare of their beneficiary above their interest. They are in a position of utmost trust and are held to a high standard of honesty, integrity, and transparenc ..read more

When life throws you a curveball with a disabling condition, wondering who will pay your bills should not be a priority. Your finances should not precede your recovery. Often, when a disabling condition hits your household, finances become an unavoidable cause of concern and anxiety. However, if you have a long-term disability policy, you can rest easy knowing you may be entitled to benefits, which can help ease the financial burden during your recovery. How Do I Know I Qualify for Long-term Disability? To qualify for long-term disability in South Carolina, you must first have a long-term dis ..read more

If your life insurance claim was wrongfully denied, you should speak with an attorney today. Contact Peace Law Firm for a free consultation. Insurance companies are businesses. And like any other business, they do everything in their power to bring in huge profits every year. That means they will go to great lengths to find a reason to deny a life insurance claim. While some of these reasons can be legitimate, many insurers will not hesitate to use shady or questionable reasons to deny life insurance claims. We’ll explore the five most common reasons why life insurance claims are denied in t ..read more

Congress passed the Employee Retirement Income Security Act (ERISA) to standardize the insurance benefits provided to private-sector employees. Employees participating in ERISA-covered plans have the right to appeal denials of benefits. This includes all denials of long-term disability (LTD) claims. However, ERISA is a complicated law, and filing an ERISA appeal is far from easy. Knowing just a few simple tips and tricks might help you guarantee your future financial security.  If you are considering filing an LTD ERISA appeal, then you’ll want to read our advice below. To obtain a unique ..read more

The Employee Retirement Income Security Act (ERISA) is a federal law that regulates the vast majority of group employee benefit plans. It covers disability insurance plans and life insurance plans offered by private-sector employers. ERISA also covers accidental death and dismemberment (AD&D) policies. However, most people do not know about ERISA or how it impacts their AD&D insurance plans.  If you want to learn more about how to evaluate an AD&D plan, then take a moment to review this article. For more specific advice, contact a qualified ERISA attorney at the Peace Law Firm ..read more

If need help understanding why your ERISA life insurance claim was denied and the appeal process, contact John Peace at Peace Law Firm by calling 864-298-0500 today. The death of a loved one is nothing short of devastating. And that hardship is made all the more difficult when you receive a rejection from your loved one’s employer after filing a life insurance claim. The Employee Retirement Income Security Act (ERISA) sets strict minimum standards for multiple types of employer-sponsored insurance programs. Life insurance plans are among the types of plans covered by ERISA. This means ERISA ma ..read more

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 in your life.  When filling out or updating your beneficiary information, perhaps you wonder, Who can be a beneficiary on an ERISA plan such as a retirement account?  ERISA, short for The Employee Retirement Income Security Act of 1974, sets minimum standards ..read more