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Employee Benefits And Erisa Law Lawyers In Frankfort Illinois

Frankfort is an affluent village in Will and Cook Counties, Illinois, United States. The population was 10,391 at the 2000 census. The population according to Forbes. com was 16,928 in 2006. Also, according to Forbes. com, the village ranks as the 36th fastest growing suburb in the United States. In addition to the current population growth, the Northeastern Illinois Planning Commission has forecast the population to reach 55,797 in 2030.

What is employee benefits and ERISA law?

ERISA requires plans to provide participants with plan information including important information about plan features and funding; provides fiduciary responsibilities for those who manage and control plan assets; requires plans to establish a grievance and appeals process for participants to get benefits from their plans; and gives participants the right to sue for benefits and breaches of fiduciary duty. Attorneys may represent employees or they may represent the company in the design, preparation, and review of plan, trust, and employee communication documents to implement pension, profit sharing, employee stock ownership, fringe benefit, flexible benefit, and all types of employee welfare plans.

Answers to employee benefits and ERISA law issues in Illinois

Individual retirement plans are accounts that you can set up for yourself, without any connection to your employer,...

An employer retirement plan is just what it sounds like: a plan set up by your employer to fund your retirement....