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https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/retirement-plans-electronic-disclosure-safe-harbor-rule
Proposed Rule Permits Default Electronic Delivery A plan administrator would be permitted to furnish documents by means of electronic delivery to plan participants and beneficiaries with valid electronic addresses unless they affirmatively opt out of electronic delivery.
https://www.dol.gov/newsroom/releases/ebsa/ebsa20191022
U.S. Department of Labor Proposes New Electronic Disclosure Rule. WASHINGTON, ... The order explicitly directed the Department to explore the potential for broader use of electronic delivery as a way to improve disclosures’ effectiveness. The Department used its delegated authority under the Employee Retirement Income Security Act of 1974 in ...
https://www.mercer.com/our-thinking/law-and-policy-group/dol-proposes-new-electronic-delivery-rule-for-retirement-plan-notices.html
Retirement plans would have a new safe harbor method for electronic delivery of participant notices, under proposed regulations from the Department of Labor (DOL). Plan administrators could make disclosures required under Title I of ERISA available …
https://www.erisapracticecenter.com/2019/10/guide-to-dols-new-notice-and-access-proposal-for-electronic-delivery/
Oct 30, 2019 · An existing DOL safe harbor provides that this obligation may be satisfied by electronic delivery only if the participant has work-related computer access (such as a computer at their desk) or the participant affirmatively consents to receive notices electronically; that safe harbor has detailed requirements for the consent to be valid.
https://www2.ascensus.com/news/industry-regulatory-news/2019/10/24/dol-proposed-electronic-delivery-regulations-published-in-federal-register/
Oct 24, 2019 · The Federal Register now contains the official publishing of the DOL Employee Benefit Security Administration (EBSA) regulations describing a proposed safe harbor for electronic delivery of employee benefit plan disclosures to participants and beneficiaries.
https://www.foley.com/en/insights/publications/2019/11/dol-modernize-erisa-electronic-disclosure-rules
Regulations issued by the DOL in 2002 provided plan sponsors with an optional, “safe harbor” electronic delivery method (the “2002 Safe Harbor”) they could use to satisfy ERISA’s delivery requirements.
https://www.plansponsor.com/dol-asked-make-electronic-delivery-retirement-plan-disclosures-default/
Jun 04, 2019 · DOL Asked to Make Electronic Delivery of Retirement Plan Disclosures the Default Eight organizations associated with defined contribution (DC) plans submitted a letter to the Employee Benefits Security Administration of the Department of Labor (DOL) asking it to propose regulations that would permit plan sponsors to make electronic delivery the default method of delivery for retirement plan …
https://www.pillsburylaw.com/images/content/1/3/v2/1364/D70B2C7DE04D9F2EF832561AC253B226.pdf
DOL Finalizes Rules for Electronic Delivery of Documents and Information Under ERISA By Henry A. Hernandez The Employee Retirement Income Security Act of 1974, as amended (“ERISA”), requires that employers provide certain information and documents to benefit plan participants and beneficiaries. The Department of Labor (DOL) recently issued rules for delivering information and documents …File Size: 114KB
http://kbpensionservices.com/files/9513/7347/0030/A_Guide_to_Electronic_Delivery_of_Participant_Disclosure_Materials.pdf
Electronic media guidance is the IRS’s equivalent to the DOL’s Electronic Disclosure Safe Harbor. These methods may be used to deliver most plan information required under the Internal Revenue Code, such as the 401(k) Safe Harbor and Auto Enrollment Notices. The DOL approved the use of the IRSFile Size: 81KB
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