Permalink Submitted by Alan - IRA critic on Wed, 2014-04-16 15:48
ERISA covers mostly qualified retirement plans including pension plans and certain health and welfare benefits. No IRA type is subject to ERISA as they are considered individual retirement plans and even though SEP and SIMPLE IRAs are employer plans, they are not subject to ERISA. Neither are church and government plans.
Permalink Submitted by Alan - IRA critic on Wed, 2014-04-16 15:48
ERISA covers mostly qualified retirement plans including pension plans and certain health and welfare benefits. No IRA type is subject to ERISA as they are considered individual retirement plans and even though SEP and SIMPLE IRAs are employer plans, they are not subject to ERISA. Neither are church and government plans.