"If a plan administrator uses the 2002 and/or the 2020 safe harbors, the content of notices and disclosures related to benefit statements likely need to be revised when the 2026 Proposed Regulations are finalized.... [E]mployers may wish to split the process into two elections -- one for the electronic delivery of statements and one for the electronic delivery of all other plan communications. Otherwise, a person who elects into paper statements would need to receive all plan communications on paper. "  MORE >>