The New Electronic Disclosure Rule Is Here

Plan Sponsor Council of America hosted a webinar to discuss the new electronic disclosure rule for retirement plans from the US Department of Labor (DOL), which took effect July 26, 2020. The rule allows employers to deliver disclosures to plan participants primarily electronically, which the DOL says will reduce printing, mailing, and related plan costs by an estimated $3.2 billion over the next decade.

The topics of discussion for this webcast included:

• New Safe Harbors, Effective Date and Scope of Rules
• Notice and Access Safe Harbor
• E-Disclosure Rule Q & A

See slides here.