This document outlines certain considerations under the Employee Retirement Income Security Act (ERISA) for employee benefit plans and fiduciaries. It discusses the requirements for investment prudence and diversification, prohibited transactions, and the implications of the Plan Asset Regulation. The document also addresses the classification of certain notes as equity interests and the potential consequences for plans investing in these notes.
documents/vol00010-efta01365288-pdf.pdf
{"document_type":"legal","document_subtype":"ERISA Considerations","key_organizations":["U.S. Department of Labor"],"reference_numbers":["29 CFR Section 2510.3-101","Section 3(3) of ERISA","Section 406 of ERISA","Section 4975 of the Code","Section 3(42) of ERISA","Section 4975(e)(1) of the Code"]}