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With electronic communications becoming the standard in business industries worldwide, Plan sponsors are becoming increasingly interested in abandoning paper processes for a more electronic means of communication with plan participants and beneficiaries. This option has many advantages, however, raises a few important questions for today’s plan sponsors such as which documents do regulations allow to be e-delivered, and do I need the participants consent, etc.?

This newsletter will focus on the common participant communications acceptable via electronic delivery and their requirements.

 

 

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