Waltham is a city in Middlesex County, Massachusetts, United States, billed by the Chamber of Commerce as the "birthplace of the American industrial revolution", and an early center for the labor movement. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning. The city is now a center for research and higher education, home to Brandeis University and Bentley University. The population was 59,226 at the census in 2000. Waltham is commonly referred to as Watch City because of its association with the watch industry. Waltham Watch Company opened its factory in Waltham in 1854 and was the first company to make watches on an assembly line. It won the gold medal in 1876 at the Philadelphia Centennial Exposition. The company produced over 40 million watches, clocks and instruments before it closed in 1957.

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 Massachusetts

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....