The Employee Benefits Security Administration (EBSA) is a part of the U.S. Department of Labor that is focused on education and assistance on a range of benefits plans. These include employer-sponsored retirement benefits and health benefit plans. This administration targets close to 154 million workers and retirees as well as their families. This is done through coverage of around 2.4 million health plans, and 710 private retirement plans that hold approximately $11.1 trillion’ worth of assets.
Through EBSA, individuals and businesses benefit from compliance assistance through high-quality services for plan participants and beneficiaries. It is easy to approach EBSA to get information on employee rights and how to best protect benefits plans. Utilizing the information available from EBSA, businesses can correct any violations to prevent high-cost penalties.
Reaching out to EBSA is simple and convenient with 15 field offices around the country. The national office for EBSA is in Washington, DC. Calls to EBSA are returned within 24 hours, while written replies can take up to 30 days after a letter is received. Individual circumstances are evaluated so that available options are applicable. Furthermore, it is possible to gain access to the relevant government documents that ensure all benefits have proper regulation and interpretation.
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