DOL issues final rule on electronic delivery for retirement plan documents

Published Updated 2 Min Read

[Image credit: Bloomberg]

Retirement benefits have entered the digital age — thanks to a new ruling by the Department of Labor allowing private-sector employers to share more plan information online.

The ruling, announced Thursday, gives employees the option to choose whether they want to receive plan information online or through the mail. DOL representatives say the ruling was passed to help HR professionals and retirement plan providers effectively distribute plan information during the coronavirus crisis.

Kayla Webster
Freelance writer

Kayla Webster is a freelance writer based in New York City.


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