ERISA Bonds vs. Fiduciary Liability Insurance: What’s the Difference?

By Catherine Trottman This article is intended to help plan sponsors understand the difference between retirement plan fidelity bonds and fiduciary liability insurance. Retirement Plan Fidelity Bonds The Employee Retirement Income Security Act of 1974 (“ERISA”) generally requires all retirement plans to be covered by a fidelity bond. These bonds, which are often referred to