What is an IEP? An IEP is an Individualized Education Program for children who qualify for special education services by their local public school district. It is not an Individual Education Plan. Why isnât it a Plan? As the old saying goes, âplans are made to be broken!â A program on the other hand must be followed!!
ERISA Plan The Employee Retirement Income Security Act (ERISA) of 1974 establishes minimum standards for retirement, health, and other welfare benefit plans, including life insurance, disability insurance, and apprenticeship plans.
In 2005, Public Law 109-8 [2] amended the Bankruptcy Code, by exempting most organized retirement plans, even those not subject to ERISA, and accorded them protected status, claimable as exempt property by a debtor declaring bankruptcy under the U.S. Bankruptcy Code.