The Department of Labor is changing rules about how retirement plans can send financial statements to workers. Instead of allowing plans to send everything electronically, the new rule requires companies to send paper statements in certain situations, particularly when workers have not actively chosen to receive documents online. This matters because it ensures that people managing their retirement savings actually see important information about their accounts rather than potentially missing digital messages.
Plain language summary generated by AI ยท Civitics
Step 1 โ Draft your comment
0 characters
Step 2 โ Your details (optional)
Anonymous comments are accepted. Your identity is never required.
Step 3 โ Submit
Opens regulations.gov ยท Free, always ยท No account required
Official comments are submitted directly to the federal agency via regulations.gov โ always free, no account required.