The Department of Labor has proposed new regulations updating ERISA electronic disclosure rules to implement the SECURE 2.0 requirement that participants receive periodic paper benefit statements.
On May 12, 2026, the Department of Labor issued Field Assistance Bulletin 2026-02 (“FAB”), announcing a temporary “non”-enforcement policy for the new paper statement requirement under SECURE 2.0, and ...
The SECURE 2.0 Act required defined contribution plans to provide at least one paper pension benefit statement each calendar year. The Department of Labor announced Tuesday that it will temporarily ...