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Employee Benefits And Erisa Law Lawyers In Roselle Illinois

Roselle is a village located in both Cook County and DuPage County, Illinois. Roselle is located in the northern edge of DuPage County 30 miles from downtown Chicago. The population was 23,115 at the 2000 census. First incorporated in 1922, Roselle can correctly be categorized as a bedroom community — that is, a community that largely consists of residential zoning in both income streams and geographical area. Residents generally commute to Chicago or nearby suburbs for their jobs. As a result, the early rural atmosphere of the community has been lost over the past 30 years. There are three main commercially-zoned areas in the village. One is along the southern border of the town along Lake Street (U.S. Route 20), the second is in the center of the village near the historical center of Park Street and Irving Park Road (Illinois Route 19). In 2005, a new downtown business development opened along the Soo Line Railroad tracks just north of the town center (Main Street Station), the third is along Nerge Road the northern edge of the village. Plans are currently underway for the redevelopment of the Downtown District in addition to Main Street Station. The several phase project is collectively known as Village Crossing.

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....