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http://kbpensionservices.com/files/9513/7347/0030/A_Guide_to_Electronic_Delivery_of_Participant_Disclosure_Materials.pdf
A GUIDE TO ELECTRONIC DELIVERY OF PARTICIPANT DISCLOSURE MATERIALS . The U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) issued a series of rules and interpretations around using e-mail and other electronic disclosure methods. This guide is intended to:File Size: 81KB
https://www.dwc401k.com/blog/401k-notice-distribution-electronic-delivery
Facts. It seems like 401(k) plans require a lot of different notices and disclosures be provided to participants each year. We have safe harbor and default investment notices at the end of the year, fee disclosure notices and participant statements each quarter, and the summary annual report (SAR) when we file our Form 5500—and those are just the ones I can think of off the top of my head.
https://www.principal.com/employers/trends-insights/do-you-understand-401k-participant-notice-requirements
Electronic delivery of retirement plan notices. Sending retirement plan notices by email may help simplify the disclosure process, provide more reliable delivery and reduce plan administration costs. But before you distribute required plan notices such as eligibility notices by email, you need to make sure your employees are “wired at work.”
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 on a website, after providing initial notice to participants and beneficiaries about how to access the documents.
https://www.napa-net.org/news-info/daily-news/case-week-electronic-delivery-plan-participant-notices
Dec 17, 2014 · In contrast, DOL has jurisdiction over other plan notices, such as the summary plan description and summary annual reports, and has issued its own electronic notice rules (DOL Reg. §2520.104b-1(c)). While the IRS’ and DOL’s rules for electronic delivery of plan notices are similar, there are important differences.
https://www.irs.gov/retirement-plans/retirement-plan-participant-notices
Dec 20, 2019 · Disclosure notices to plan participants may be required as a result of a participant event, such as when a participant stops working, or a plan event, such as when the plan is terminated. Some participant notices are regulated by the Department of Labor (DOL) and the Pension Benefit Guaranty Corporation (PBGC).
https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/retirement-plans-electronic-disclosure-safe-harbor-rule
A plan administrator may not default a participant into electronic delivery without first notifying the participant by paper that some or all retirement documents will be furnished electronically to the electronic address, of the right to request and receive paper copies or to opt out of electronic delivery altogether, and of the procedures for ...
https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/Fees_e-disclosure.aspx
Nov 14, 2012 · DOL Offers More Guidance on Electronic Disclosure of 401(k) Fees ... which provided additional guidance regarding when and how electronic delivery can be used to fulfill a …Author: Mcguirewoods LLC
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