Electronic Delivery of Compliance Communications: How to Tell If It’s Right for You
Under Department of Labor (DOL) and Internal Revenue Service (IRS) regulations, certain information about employee benefit plans can be distributed electronically both within—and outside—the workplace.
However, there are very specific rules about what types of information can be delivered electronically, who can receive such information—and how such information can be delivered. And, while there are many similarities across these rules, there are key differences depending on the audience and the material to be communicated. A careful review of these rules can help you decide whether electronic delivery makes sense for your organization.