ERISA (Employee Retirement Income Security Act) is a federal law that primarily regulates employer-sponsored pension plans, ensuring that the funds are invested prudently and managed responsibly to protect the interests of plan participants. ERISA does not require all employers to have a pension plan, nor does it dictate specific types of investments employers can make with pension plan funds.

Solved

ERISA

Question 95

Multiple Choice

ERISA:

A) requires all employers to have a pension plan.
B) dictates the types of investments employers can make with pension plan funds.
C) regulates employer-sponsored pension funds.
D) none of the above

Correct Answer: