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Plan Assets under ERISA


Guest Lorna Pate

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Guest Lorna Pate

If an employer sent a health insurance company monies, the insurance company deposited that money in its account, is the interest earned from those monies considered a plan asset?

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Guest jkirschbaum

It is possible, but probably not. The way most A&H plans are constructed today, that money on deposit is an asset of the employer and not a plan asset so the interest on the money would also not be a plan asset. If the money was strictly from employee contributions or a combination of employer and employee contributions then it could be a plan asset.

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