Select the correct answer. What does the ERISA act address? A. safety regulations and standards in the workplace B. retirement and healthcare benefits for employees C. paid leaves to assist a family member’s medical condition D. equal employment standards for people of either gender E. issuance of minimum wages to all employees

The ERISA act address "retirement and healthcare benefits for employees".

Option B

Explanation:

The 1974 Employee Retirement Income Security Act (ERISA) is a federal legislation that lifts basic standards for most voluntarily developed private-sector healthcare and retirement plans to supply security for people in those plans. ERISA involves:

contributions made after 1986. after-tax contributions to employer plans made after 1986 are recovered pro rata with taxable amounts. the remaining $80,000 is from pre-tax contributions, employer matching dollars, and earnings on those amounts.

1. c

2. b

3. a

4. c

5. a

6. b

7. c

8. c

9.b

10. d

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