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The DOL's Final Regs on E-Disclosure of Retirement Plan Documents Become Effective Soon -- Are You Ready?
The Wagner Law Group
[Guidance Overview] July 10, 2020 "The voluntary safe harbor provides two optional methods for electronic disclosure. The first method, generally referred to as 'notice and access,' is website posting, whereby plan administrators post covered documents on a website, if appropriate notices of internet availability (NOIA) have been furnished to the electronic address of the covered individual.... The second option is the 'email delivery method', under which plan administrators may send covered documents directly to the electronic address of a covered individual, with the covered documents being provided either in the body of an email or as an attachment." |
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