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Employee benefits are generally covered under the federal jurisdiction of the Employee Retirement Income Security Act (ERISA).
Federal ERISA plans generally do not have to comply with state laws. ERISA rules preempt or block state laws that relate to ERISA plans. State insurance laws, however, do apply.
Texas has provisions regarding disclosures pertaining to annuities. Insurers must provide annuity applicants and contract owners with necessary information regarding annuities.
Contact
Regulations
Texas Administrative Code; Title 28 Insurance; Part I Texas Department of Insurance; Chapter 3 Life, Accident, and Health Insurance and Annuities, Subchapter PP Annuity Disclosures.
Contact
Employee Benefits Security Administration (EBSA), Office of the Assistant Secretary
Regulations
29 CFR chapter XXV (Parts 2509 – 2590)