Industry Groups Recommend Fewer and Staggered Retirement Plan Disclosures
Retirement plan and benefit disclosures should only be given to participants if they contain actionable information, industry groups say.
Tag: retirement plan disclosures
Comment Period Extended for SECURE 2.0 Reporting, Disclosure Rules
Federal agencies are seeking advice on how to improve the reporting and disclosure system for retirement plans governed by ERISA.
Sponsors Need Clarity on Emergency Savings Accounts, Say Industry Advocates
In comment letters submitted to the Department of Labor, concerns expressed ranged from QDIAs to permitted withdrawals.
Does e-Disclosure Rule Allow for Postcard Notification of Links?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Improving Readability of Participant Fee Disclosures
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
The Case for E-Delivery of Retirement Plan Notifications
Why some participants prefer paper copies, and how employers can encourage them to make the switch.
Attorneys Argue Plan Disclosures May Not Provide Actual Knowledge of Wrongdoing
In a brief to the Supreme Court, U.S. attorneys disagree with the implication that retirement plan participants actually know all...
Opinions |
Barry’s Pickings: Software Eats ERISA Disclosure
Michael Barry, president of O3 Plan Advisory Services LLC, contemplates whether questions asked in the DOL’s e-disclosure proposal could lead...
Groups Urge Supreme Court Not to Undermine Value of Plan Disclosures
They argue that retirement plan disclosures give retirement plan participants the “actual knowledge” required by ERISA, whether participants read them...
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...
Trump Executive Order Includes Call to Simplify Retirement Plan Disclosures
In addition to ordering a review of RMD rules and expansion of MEPs, President Donald Trump asked both the Treasury...
ERISA Advisory Council Offers Recommendations for Simplifying Mandated Disclosures
For example, the Council proposes to develop an alternative means of compliance by which the introductory portion of the SPD–referred...
Legislators Reintroduce RETIRE Act to Congress
The bill would allow retirement plan sponsors to automatically default participants into receiving plan documents and statements online.