Tag: erisa bond
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Understanding the Importance of ERISA Bonds for Employee Benefit Plans
Discover the crucial role of ERISA bonds in protecting employee benefit plans against fraud by fiduciaries. This article dives into the requirements mandated by the Employee Retirement Income Security Act of 1974, the differences between ERISA bonds and fiduciary liability insurance, and the process of obtaining comprehensive coverage to safeguard retirement and health plans. Essential…