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Happy 40th Anniversary, ERISA!
Todd Berghuis for Ascensus
[Opinion] Aug. 22, 2014
"Very few who are working in the retirement industry today were 'in the business' in 1974, the year of ERISA's enactment. But an objective look at the state of retirement plans before that time leads to the inescapable conclusion that things have changed for the better. There may be shortcomings in the implementation and operation of plans under the ERISA umbrella. But these shortcomings generally have little to do with the intent of its provisions."
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