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Employee Benefits And Erisa Law Lawyers In Alexandria Virginia

Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,283. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, D.C. Like the rest of northern Virginia, as well as central Maryland, modern Alexandria has been shaped by its proximity to the nation's capital. It is largely populated by professionals working in the federal civil service, the U.S. military, or for one of the many private companies which contract to provide services to the federal government. The latter are known locally as beltway bandits, after the Capital Beltway, an interstate highway that circles Washington, D.C. One of Alexandria's largest employers is the U.S. Department of Defense. Others include the Institute for Defense Analyses and the Center for Naval Analyses. In 2005, the United States Patent and Trademark Office moved 7,100 employees from 18 separate buildings in nearby Crystal City into a new headquarters complex in the city. Alexandria is home to numerous trade associations, charities, and non-profit organizations including the national headquarters of groups such as Catholic Charities USA, United Way, and the Salvation Army. In 2005, Alexandria became one of the first cities of its size to offer free wireless Internet access to some of its residents and visitors. The historic center of Alexandria is known as Old Town. With its concentration of high-end boutiques, fine restaurants, antique shops and theaters, it is a major draw for tourists and those seeking nightlife. Like Old Town, many Alexandria neighborhoods are compact, walkable, high-income suburbs of Washington D.C. It is the seventh largest and highest income independent city in Virginia. A 2005 assessed-value study of homes and condominiums found that over 40 percent were in the highest bracket, worth $556,000 or more. It should be noted that a large percentage of the residents of Alexandria are older government workers who skew the average and median income of the city. This being said, there are numerous public and low-income housing complexes scattered throughout Alexandria.

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 Virginia

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....