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Employee Benefits And Erisa Law Lawyers In Woodstock Illinois

Woodstock is a far northwest suburb of Chicago in McHenry County, Illinois. The population was 20,151 at the 2000 census, and is 25,000 as of 2008. It is the county seat of McHenry County. Woodstock is located 51 miles (82 km) northwest of the Chicago Loop and 32 miles (51 km) northwest of O'Hare International Airport. Woodstock is the home of the historic Woodstock Opera House and Old McHenry County Courthouse. The city was named in 2007 as one of the nation's Dozen Distinctive Destinations 2007 by the National Trust for Historic Preservation.

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....