The most important legislation regulating private employee retirement plans is the:

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The most important legislation regulating private employee retirement plans is the Employee Retirement Income Security Act (ERISA) which was enacted in 1974. ERISA sets minimum standards for private employee retirement plans, including defined benefit pension plans and defined contribution plans such as 401(k) plans. Its purpose is to protect the interests of employee benefit plan participants and their beneficiaries by requiring the disclosure of financial and other information concerning the plan, establishing standards of conduct for plan fiduciaries, and providing for appropriate remedies and access to the federal courts.

The Most Important Legislation Regulating Private Employee Retirement Plans Is