Tag: ERISA
New Labor Department rule changes default retirement plan disclosure from paper to electronic. On May 27 the U.S. Department of Labor (DOL) issued a new rule that would shift the way participants receive information about their retirement plan. To date, the default has been paper, with the participant having the ability to opt for electronic…
Proponents need legislation to expand access. Changes to multiple employer plans (MEPs) are moving forward on two fronts – one legislative and one regulatory. While both efforts are designed to make MEPs more accessible for small employers, the proposed legislative changes far exceed the final rule recently released by the U.S. Department of Labor (DOL).&nbs…
