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DOL Final Regulations on Electronic Disclosure for Retirement Plans

Faegre Drinker

Sept. 29, 2020
Recorded Online
Webcast

The U.S. Department of Labor (DOL) has issued final electronic disclosure rules for retirement plans, creating a new safe harbor (the 2020 Safe Harbor), which promises to expand the availability of electronic disclosure and make distribution more cost-effective. The 2020 Safe Harbor does not replace the current safe harbor rules for electronic distribution of ERISA-required disclosures; instead, it gives retirement plans another, more economical way to comply with ERISA’s disclosure requirements. Join Faegre Drinker benefits and executive compensation attorneys as they take a deep dive into the 2020 Safe Harbor and provide practical tips for employers and plan administrators to take advantage of the opportunities offered by the new rules.

Topics will include:

  • “Lay of the Land” regarding ERISA’s electronic disclosure rules for all ERISA plans
  • Scope of the Safe Harbor (preview: it only applies to retirement plans, not to welfare plans)
  • Requirements to take advantage of the 2020 Safe Harbor
  • Technology issues – managing a listserv, notifying ex-employees
  • Litigation and risks of noncompliance
  • How a change in administration might affect electronic disclosure rules
  • Practical pointers, best practices and opportunity for Q&A

More Information, How to Register

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