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Research Shows Promoting Electronic Delivery of Retirement Documents Benefits Participants
American Society of Pension Professionals & Actuaries [ASPPA] June 15, 2011
The Department of Labor (DOL) should allow defined contribution (DC) plans to make electronic delivery the default mechanism for conveying disclosure notices and information to plan participants, according to a new white paper. Greater use of electronic delivery would provide plan participants with timely and easy access to information in a more user-friendly format that allows a participant to obtain more information or take action in response to the information, according to the paper by independent experts.
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