Electronic Disclosure of Retirement Plan Information | Practical Law

Electronic Disclosure of Retirement Plan Information | Practical Law

A Practice Note analyzing the requirements of the Department of Labor's (DOL's) final regulations concerning the use of electronic communication and recordkeeping technologies by retirement plans covered by Title I of the Employee Retirement Income Security Act of 1974 (ERISA). The Note covers the safe harbors that allow retirement plans to use electronic media to satisfy ERISA's disclosure obligations, including the new safe harbor from the final regulations issued in May 2020 that permit the use of email and smartphone numbers.

Electronic Disclosure of Retirement Plan Information

Practical Law Practice Note w-025-7759 (Approx. 26 pages)

Electronic Disclosure of Retirement Plan Information

by Practical Law Employee Benefits & Executive Compensation
Maintained • USA (National/Federal)
A Practice Note analyzing the requirements of the Department of Labor's (DOL's) final regulations concerning the use of electronic communication and recordkeeping technologies by retirement plans covered by Title I of the Employee Retirement Income Security Act of 1974 (ERISA). The Note covers the safe harbors that allow retirement plans to use electronic media to satisfy ERISA's disclosure obligations, including the new safe harbor from the final regulations issued in May 2020 that permit the use of email and smartphone numbers.