which federal law sets standards for how a company must administer a retirement plan
employee retirement income security act
federal insurance contributions act
consolidated omnibus budget reconciliation act
federal employment compensation act
The correct answer is: Employee Retirement Income Security Act (ERISA)
The federal law that sets standards for how a company must administer a retirement plan is the Employee Retirement Income Security Act (ERISA).
The federal law that sets standards for how a company must administer a retirement plan is the Employee Retirement Income Security Act (ERISA). ERISA was passed in 1974 and is enforced by the U.S. Department of Labor.
To find the answer to this question, you can use various search methods. One way is to use a search engine like Google. Simply type the question into the search bar and review the results. Another option is to consult official government websites like the U.S. Department of Labor or the Internal Revenue Service (IRS) to find information about federal laws related to retirement plans.
In this case, if you were to search for "federal law for company retirement plan standards," you would quickly come across the Employee Retirement Income Security Act (ERISA) as the relevant law. It's always a good idea to cross-reference information from different reliable sources to ensure accuracy.