Fourth Circuit Rules Merrill Lynch's Eight-Year Deferred Bonus Program Falls Outside ERISA's Pension-Plan Protections
A published Fourth Circuit decision holds that Merrill Lynch's WealthChoice Award program — a deferred cash bonus paid to select high-performing financial advisors after eight years of continued employment — is a bonus plan exempt from E...
Kelly Milligan v. Merrill Lynch, Pierce, Fenner & Smith, Inc.