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DOL Attempts to Modernize Its Electronic Disclosure Rules with Proposed Safe Harbor
Frost Brown Todd LLC Link to more items from this source
[Guidance Overview]
Nov. 1, 2019

"[1] The rule would supersede the 'continuous access website' rule outlined in [FAB 2006-03] ... for pension benefit statements and participant-level fee disclosures. [2] The rule for QDIAs that either the DOL or IRS electronic delivery rules can be relied on has been eliminated. [3] The system must be designed to alert [the] administrator of invalid or inoperable electronic addresses."

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