When people set up retirement accounts, they sometimes forget to designate a beneficiary. Or perhaps they named a beneficiary, but their relationship with that person changed. A beneficiary will receive the benefits of your plan upon your death. The last thing you want is your hard-earned money to go to someone who is no longer […]
Americans paid $2,194,625 for personal health care in 2010. In that same year, private health insurance companies spent $849 billion and recovered an estimated $1.7 billion to $2.5 billion through subrogation. If you have filed a lawsuit against someone who injured you, and you received health benefits from a private employer, your health insurance company […]
Please Note: The Peace Law Firm is licensed to practice only in North Carolina and South Carolina. We’re not afraid of employers or insurance companies, and we can help you get the compensation you deserve. Finally, we handle all cases on a contingency basis. Even if you’re not sure whether you should file an ERISA […]
When you enroll in an employee benefit plan, you trust whoever manages it will act in your best interests. These managers, known as fiduciaries, play a vital role in safeguarding the benefits employees have worked hard to earn. Because of their important work, federal law binds fiduciaries to certain standards for responsible plan management. Under […]
When you have a long-term health condition that keeps you from working, you may feel overwhelmed by medical appointments and treatments. In addition to dealing with this life-altering situation, you may also feel confused by the different deadlines involved in filing for your employer’s long-term disability insurance. Long-term disability insurance provides income replacement when you […]
Please Note: The Peace Law Firm is licensed to practice only in North Carolina and South Carolina. ERISA is a federal law that provides certain minimum standards for benefit plans provided by private employers. These standards include certain rights employees have against their employers. If you are a member of a group benefits plan, it […]
Employers often offer group life insurance benefits to employees, allowing workers to purchase life insurance coverage at a discount. In most cases, the life insurance company pays benefits to the beneficiary named in the life insurance policy without issue. However, insurance companies are always looking to keep money in their own pockets and frequently deny […]
Have your ERISA benefits been denied or underpaid? Contact Erisa attorney John Peace to schedule a free, fully confidential review of your case: (864) 485-6970 An ERISA claim refers to a legal action taken under the Employee Retirement Income Security Act (ERISA) of 1974. This law protects employees' rights to their benefits, such as retirement […]
Many employees understand that the Employee Retirement Income Security Act (ERISA) protects their rights and assets regarding employer-provided group health or retirement plans. However, many may not realize ERISA’s regulations can extend to severance agreements. If you’ve been dismissed and are expecting separation pay or benefits, your employer may be required to follow specific rules […]
Understanding the terms and limitations of an employer’s benefit plans is crucial for employees to make informed decisions about their health and financial well-being. That’s why a federal law known as ERISA requires employers to provide plan participants with detailed information about their group benefits plans. Employers failing to follow ERISA’s regulations can face legal […]