What is an ERISA disability plan?

Answer Employer-sponsored group disability plans are protected under the ERISA Act. This ensures the employees that their benefits and rights are protected by law.ERISAERISA (Employee Retirement Income Se... Read More »

Top Q&A For: What is an ERISA disability plan

Would you send a copy of the Mellon Bank of NY long-term disability LTD Summary Plan Description SPD and the plan document itself?

It would depend on your disability insurance plan. Some plans exclude work-related disabilities.If your plan excludes work-related disabilities, then you would initially be denied through your disa... Read More »

Will you receive disability benefits if you have a disability plan?

The disability has to be 'approved' by a panel of people, one or several of which could be medical doctors. Just because you or your employer have a 'plan' that includes disability payments doesn't... Read More »

Are short term disability benefit payments taxable for an employer provided and paid short term disability plan?

Answer Yes, all employer paid benefits and wages are taxable. There is a way around that if you are an executive. 4lifeguild

What does a no disability insurance plan mean?

A no disability insurance plan is a plan that does not cover the insured individual if he becomes disabled and cannot work. A disability insurance plan covers a portion of the insuree's wages if th... Read More »