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What role does the Age Discrimination in Employment Act (ADEA) play in employee benefits?

April 26, 2017ACT ADEA age discrimination employee benefits employment play

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What role does the Age Discrimination in Employment Act (ADEA) play in employee benefits?

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The ADEA prohibits employers with more than 20 employees from discriminating against any individual with respect to compensation or the terms, conditions, or privileges of employment because the individual is age 40 or over. The ADEA, ERISA and IRC have some duplicate provisions, including a prohibition on reducing benefits because of age or ceasing benefit accruals or contributions because of age.