Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Display and Distribute
Your Job Openings
ARPA News
ARPA Webcasts

Featured Jobs

Defined Benefit Plan Administrator

Pension Investors Corp of Orlando Inc
(Telecommute / Altamonte Springs FL)

Pension Investors Corp of Orlando Inc logo

401(k) Retirement Plan Administrator

BDS Consulting Group
(Worcester MA)

Client Services Manager

Pinnacle, An NPPG Company
(Delray Beach FL)

Senior Compliance Analyst

Ubiquity Retirement + Savings
(Telecommute / San Francisco CA / AZ / CO / FL / IL / KY / LA / MA / NC / NJ / NV / NY / OH / OR / RI / SC / TN / TX / WA)

Ubiquity Retirement + Savings logo

Principal Legal Content Specialist - Benefits

Bloomberg Industry Group
(Telecommute / Arlington VA)

Bloomberg Industry Group logo

401(k) Plan Administrator

Pension Investors Corp
(Telecommute / Hollywood FL)

Pension Investors Corp logo

401(k) Retirement Plan Administrator

Heritage Pension Advisors, Inc.
(Telecommute / Commack NY)

Heritage Pension Advisors, Inc. logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon
Webcasts  >  Upcoming, by Date   |   Recorded
Conferences  >  Upcoming, by Date   |   Upcoming, by State
Combined  >  Upcoming, by Date   |   Recorded or Upcoming, by Sponsor

View More Lorman Education Services Webcasts and Conferences

Electronic Disclosure under ERISA: How to Effectively Use Technology without Sacrificing Compliance

Lorman Education Services

Dec. 3, 2019
Recorded Online
Webcast

Gain a better understanding of how to use technology while staying compliant under ERISA.

The IRS and the Department of Labor allow electronic communications such as email and web-postings to satisfy ERISA disclosure requirements, which offers a cost savings for benefit plans. Most benefit plans take advantage of technology to satisfy mandatory disclosure requirements, but many administrators are not aware of the specific rules that apply to these disclosures.

Benefit plans that do not follow these rules are unknowingly out of compliance. The level of risk and exposure depends on the type of disclosure violation. Many requirements carry a potential penalty of $110 per day, but penalties are not the only concern.

For example, failure to provide a summary plan description could result in an inability to enforce limitations and restrictions. Under certain circumstances, this could result in claims worth many thousands of dollars. The basic rules are fairly simple and worth taking the time to learn.

Learning Objectives:

  • You will be able to describe the IRS and DOL requirements necessary to electronically distribute ERISA disclosures.
  • You will be able to explain why certain common practices such as the use of website postings do not meet the requirements.
  • You will be able to identify employees who can receive electronic ERISA disclosures without providing affirmative consent.
  • You will be able to recognize electronic ERISA disclosures that meet the IRS and DOL requirements.

Faculty: Tonie Bitseff, Member of Corporate Law and the Labor & Employment Practice, Buchalter

More Information, How to Register

© 2021 BenefitsLink.com, Inc.