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Posted

It is my understanding that the quarterly participant statement falls under both the IRS and DOL electronic disclosure requirements. Is there any way under either set of rules that a participant could NOT be allowed to request a paper copy in lieu of the electronic version?

Posted

I am not aware of any rule that would allow the sponsor with betting away with not providing a hard copy if requested by the participant.

  • 2 weeks later...
Posted

I thought they could provide electronic if in the course of the participants job, they readily had access to the computer to consume their electronic statement. I think you can find the exact wording via the DOL EBSA website.

Posted

They can, but you have to provide a paper copy if they ask for it.

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

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