Are you ready for Default Electronic Disclosure?
Many retirement plans require delivering as many as a dozen routine disclosure items in a year. Much of it still is done by printing and mailing the documents. For many years, retirement-services providers have wanted to make email and smartphone messages and website postings the normal way to furnish disclosures. But it was impractical or uneconomic for many retirement plans.
A new rule allows furnishing routine disclosures electronically unless the participant has opted out. A retirement plan can furnish communications by posting them on a website or delivering them by email. To help get new expense savings, learn the details of the new Default Electronic Disclosure rule, which fiduciaries can rely on as soon as July 27.
Here’s some of the many questions our webinar will answer:
Our educator is Peter Gulia, a lawyer with Fiduciary Guidance Counsel, who focuses on advising retirement plan fiduciaries, investment advisers, recordkeepers, and other retirement-services providers. Peter has over 35 years’ experience working for, and advising, retirement-services providers.
One hour continuing education credits approved - ASPPA (noncore), JBEA, ERPA, PACLE, NJCLE