Planning for a secure retirement is a crucial financial goal for most individuals. Pension and retirement benefits are often a significant part of that plan, providing income and financial stability during your retirement years.
Dedicated to ensuring fair access to earned retirement benefits, Lebau & Neuworth has successfully represented countless pension and retirement plan participants, recovering significant awards for those impacted by plan sponsor and administrator negligence or deceit.
Retirement security depends on earned pension and retirement benefits. Lebau & Neuworth protects these rights, employing our comprehensive knowledge of the Employee Retirement Income Security Act (ERISA) to recover significant awards for clients harmed by plan sponsor misconduct.
Contact us today to speak with an attorney.
Understanding Pension & Retirement Benefits
Pension and retirement benefits can be complex, with various types of plans and regulations governing their administration. In Maryland, common types of retirement plans include:
- Defined Benefit Plans: These plans provide a guaranteed monthly benefit at retirement, typically based on your years of service and salary.
- Defined Contribution Plans: These plans, such as 401(k)s and 403(b)s, allow you to contribute pre-tax income to a retirement account, with your employer often matching a portion of your contributions.
- Profit-Sharing Plans: These plans allow employers to contribute a portion of their profits to a retirement plan for their employees.
- Employee Stock Ownership Plans (ESOPs): These plans allow employees to own stock in their company.
Individual Retirement Accounts (IRAs): These are personal retirement savings ortance of Legal Counsel for Pension & Retirement Benefits
Protecting your pension and retirement benefits is crucial, and having an experienced lawyer on your side can make a significant difference. Our team in Baltimore can help you:
- Understand Your Plan Documents: We carefully review your plan documents to explain your rights and obligations.
- Ensure Compliance with ERISA: We ensure your plan administrator is complying with the Employee Retirement Income Security Act (ERISA).
- Calculate Your Benefits: We help you accurately calculate your benefits and understand your options for receiving distributions.
- Resolve Benefit Disputes: We represent you in disputes with your plan administrator, including denied claims and calculation errors.
- Protect Your Rights: We safeguard your interests and fight for the full value of yours.
Securing your financial future requires diligent attention to your retirement benefits, making legal counsel an invaluable asset in safeguarding your earned security. By partnering with experienced legal professionals, you can ensure your retirement benefits are protected, providing peace of mind and financial stability for your future.
Lebau & Neuworth: Your Pension & Retirement Benefits Advocate
Lebau & Neuworth stands as a dedicated advocate for pension and retirement benefits in Baltimore. Our pension and retirement benefits lawyers in Baltimore have extensive experience representing clients in a wide range of retirement-related matters, including:
- ERISA Claims: We handle claims under ERISA for denied benefits, breach of fiduciary duty, and other issues.
- Plan Administration Disputes: We resolve disputes with plan administrators regarding eligibility, vesting, distributions, and other matters.
- Pension Plan Terminations: We advise and represent clients affected by pension plan terminations.
- Retirement Plan Litigation: We litigate retirement benefit cases in court to protect your rights.
With Lebau & Neuworth, you gain a powerful advocate committed to ensuring your retirement benefits are protected, allowing you to focus on enjoying your future. Trust our experienced team to navigate the legal complexities of your retirement benefits, ensuring your rights are upheld and your financial security is preserved.
Common Pension & Retirement Benefit Disputes
Even with careful planning, pension and retirement benefits can be subject to disputes that threaten your financial security. Some common disputes that arise with pension and retirement benefits include:
- Denied Claims: Plan administrators may deny claims for benefits based on eligibility issues, insufficient documentation, or other reasons.
- Calculation Errors: Mistakes in calculating benefits can significantly impact your retirement income.
- Breach of Fiduciary Duty: Plan administrators have a fiduciary duty to act in the best interests of plan participants. Breaches of this duty can result in financial losses for participants.
- Plan Terminations: When a pension plan terminates, participants may lose some or all of their benefits.
- Discrimination in Retirement Plans: Employers may discriminate against employees in providing retirement benefits based on age or other protected characteristics.
These potential issues emphasize the need for proactive engagement with your retirement plans, ensuring that your earned benefits are secure and protected from unfair practices. Addressing these disputes effectively requires a thorough understanding of ERISA and other relevant regulations, underscoring the importance of seeking experienced legal counsel.
We Work Tirelessly To Protect Your Future
At Lebau & Neuworth, we understand the importance of securing your financial future. Our dedicated team of pension and retirement benefits lawyers in Baltimore is committed to protecting your rights and ensuring you receive the full value of your retirement plan. We will work tirelessly to advocate for your interests, resolve any benefit disputes, and help you achieve a secure and comfortable retirement.
Contact Our Office Today
Don't leave your retirement security to chance. Contact Lebau & Neuworth's Baltimore office today for a confidential consultation with an experienced pension and retirement benefits lawyer. We will review your situation, answer your questions, and provide expert guidance on your legal options.
