Law Office of Donald D. Vanarelli Blog

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Entries Tagged as 'ERISA Employee Pension Benefit Plans'

More Companies Eliminate 401(k) Matches

March 31st, 2009 · No Comments

The battle for a secure retirement is about to get even tougher. Several new surveys of company executives show that they plan to reduce or suspend their company’s retirement-plan contributions this year.  Dozens of employers in the past year have already slashed such costs.  The trend means one important thing for workers: smaller nest eggs, [...]

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Tags: 401(k)s and IRAs · ERISA Employee Pension Benefit Plans · Estate Planning

Supreme Court OKs Payment Of Pension Benefits To Designated Ex-Spouse Beneficiary Despite Her Waiver Of Rights To Pension In Divorce Judgment

February 15th, 2009 · No Comments

A new Supreme Court decision illustrates the importance of making sure your beneficiary designations are up-to-date.  The Supreme Court has unanimously ruled that a plan administrator properly distributed benefits under an ERISA pension plan to a deceased participant’s ex-spouse, as she was the only designated beneficiary, even though she had waived her interest in plan [...]

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Tags: ERISA Employee Pension Benefit Plans · Estate Litigation · Family Law