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There are different methods to establish a benefit fund accessible to an individual when they are...

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Finance

  1. There are different methods to establish a benefit fundaccessible to an individual when they are not economically active;who is eligible to use them, advantages and disadvantages of eachmethod vary. Sometimes companies help in setting up these funds asa condition of service.

Which ones would you recommend to anindividual orcompany?        [25 marks]

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Under the provisions of Employee Retirement Income Security Act ERISA there should be a proper retirement plan and health plans in to give protection for employee The ERISA covers two major types of retirement plans for employees    See Answer
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There are different methods to establish a benefit fundaccessible to an individual when they are not economically active;who is eligible to use them, advantages and disadvantages of eachmethod vary. Sometimes companies help in setting up these funds asa condition of service.Which ones would you recommend to anindividual orcompany?        [25 marks]

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