What You Need to Know About Distribution Deadlines
You’ve worked with legal counsel to nail down your policy on electronic vs. paper distribution of your summary plan descriptions (SPDs), summaries of material
modifications (SMMs), summaries of material reduction (SMRs) and even your summaries of benefits and coverage (SBCs).
But…do you even know when those documents must be delivered?
Many of us vaguely recall the “30 days after request” or “within 210 days after the end of the plan year in which a change was made” but the actual rules are quite a bit more complicated.
Download for the definitive guide to what must be distributed…and when.