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Employee Retirement Income Security Act of 1974 (ERISA)

Legislation enacted in 1947 that protects workers from losing benefits that are provided through the workplace. The Act does not require employers to establish a benefit plan for employees but does include requirements for the plan when one is in place.

Affordable Care Act (ACA)

Commonly used shorthand for the Patient Protection and Affordable Care Act, the 2010 health care reform law signed by President Obama; often referred to as…