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Interim Policy on Electronic Disclosure

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  • Interim Policy on Electronic Disclosure

    The DOL has established a temporary enforcement policy that will be of interest to retirement plan administrators. Last fall, the DOL published a final rule concerning fiduciary requirements for disclosure in participant directed individual account plans. See, 29 CFR 2550.404a-5.

    Questions arose in the comment period concerning the use of electronic means of communication of disclosures. Technical Release No. 2011-03 addresses these concerns in part. The Technical Release may be read in full here.
    Harmon & Major, P.A.
    Greenville, SC
    Health Plan Law
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