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|2014 ERISA Advisory Council Report: Issues and Considerations Surrounding Facilitating Lifetime Plan Participation (PDF)|
Advisory Council on Employee Welfare and Pension Benefit Plans, via the Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Mar. 26, 2015
"[T]his report provides ideas for plan administrators and plan participants, including communications strategies and plan design options to facilitate lifetime retirement plan participation. The Council recommends DOL develop educational materials for Participants and Sponsors on the value of lifetime plan participation and educate Plan Sponsors on various plan features that may encourage such participation. The Council also makes recommendations with respect to plan loans and development of sample forms to simplify plan rollovers and facilitate consolidation of retirement assets within a plan."
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