Labour market · 20/10/2010

Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans

The U.S. Department of Labor has issued a final regulation under ERISA requiring plan sponsors to disclose certain information to participants and beneficiaries in 401(k) plans, aiming to empower them to make informed decisions about their retirement savings.

Source: Federal Register — Department of LaborOpen original release →

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