Derwood is an unincorporated area of about 15,600 people in Montgomery County, Maryland, just north of Rockville, east of Gaithersburg, and west of Olney. Residents of Derwood have the zip code 20855. The area was originally referred to as "Deer Park" and probably became "Deer Wood" which soon turned into "Derwood. " It includes the neighborhoods of Derwood Station (the original Derwood, located in the southwest of the area today), Mill Creek Towne, Needwood Estates, Muncaster Manor, Muncaster View, Hollybrooke, Granby Woods, Park Overlook, Redland, Candlewood Park, Cashell Estates, Avery Lodge, Avery Village, Bowie Mill Estates, Bowie Mill Park, Winters Run, Redland Station, Rolling Knolls, and Emory Grove. The controversial Maryland Route 200 (also known as the Intercounty Connector or ICC) will run directly through central Derwood. Areas that will be greatly affected by its construction include Cashell Estates and other areas near Shady Grove Road.

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 Maryland

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....