September 29, 2020

DOL Final Regulations on Electronic Disclosure for Retirement Plans: How the New Safe Harbor May Cut Costs and Simplify Compliance

Webinar

Overview

The U.S. Department of Labor (DOL) has issued final electronic disclosure rules for retirement plans, creating a new safe harbor (the 2020 Safe Harbor), which promises to expand the availability of electronic disclosure and make distribution more cost-effective. The 2020 Safe Harbor does not replace the current safe harbor rules for electronic distribution of ERISA-required disclosures; instead, it gives retirement plans another, more economical way to comply with ERISA’s disclosure requirements. Join Faegre Drinker benefits and executive compensation attorneys as they take a deep dive into the 2020 Safe Harbor and provide practical tips for employers and plan administrators to take advantage of the opportunities offered by the new rules.

Topics will include:

  • “Lay of the Land” regarding ERISA’s electronic disclosure rules for all ERISA plans
  • Scope of the Safe Harbor (preview: it only applies to retirement plans, not to welfare plans)
  • Requirements to take advantage of the 2020 Safe Harbor
  • Technology issues – managing a listserv, notifying ex-employees
  • Litigation and risks of noncompliance How a change in administration might affect electronic disclosure rules
  • Practical pointers, best practices and opportunity for Q&A

Have a scheduling conflict? Register for the live event, and we’ll send you the on-demand recording shortly after the broadcast date.

QUESTIONS? Please contact Kassie Weld or call +1 612 766 7305.

REGISTER

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Time

9:00 – 10:00 a.m. PT
10:00 – 11:00 a.m. MT
11:00 a.m. – Noon CT
Noon – 1:00 p.m. ET
3:00 – 4:00 p.m. BST

Continuing Education

This program has been approved for CLE in various states as well as approved for SHRM and HRCI. Please visit the registration site for more information. You will have an opportunity to identify the state(s) where you require credit during registration.
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