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Financial Terms & Definitions
If talking about finances feels like trying to learn a foreign language, we're here to help. As your trusted financial planners and investment managers, we want you to understand the terms, acronyms, and jargon that may arise during your financial journey.
From Amortization to Zero-Coupon, we've got you covered.
Here's our glossary of financial terms in alphabetical order to get you started.

What is the Employee Retirement Income Security Act of 1974 (ERISA)?

A federal law that sets guidelines and standards for retirement and health plans to protect plan participants. ERISA requires that participants are provided the plan information, responsibilities for management of the plan, and legal protection, amongst other items. Examples of qualified plans that fall under ERISA are 401(k) plans, profit-sharing plans, deferred compensation plans, and pensions. IRAs and simplified employee pension plans do not fall under this law.

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