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Deadline Set for New Disclosure Rules

Posted on Jul 15, 2011 by  in Changes in the Law: What You Should Know

The Department of Labor (DOL) announced Wednesday that final deadlines had been set for compliance with the new disclosure rules under ERISA §§408(b)(2) (service provider disclosure) and 404(a)(5) (disclosure to participants).  According to the announcement, the effective dates for these two disclosure rules will now be more closely aligned.  The service provider disclosure rules are now scheduled to go into effect on April 1, 2012 with the disclosures for participants becoming effective either May 31, 2012, or 60 days after the first day of the plan year beginning on or after November 1, 2011 (whichever is later).

One Response to “Deadline Set for New Disclosure Rules”

  1. [...] EBSA sets effective dates for fiduciary-level fee disclosure and participant-level fee disclosure regsERISA Update: Department Of Labor Issues Final Fee Disclosure Rule: Important Information For Plan SponsorsNew Fee Disclosure Regulations: What Plan Sponsors Need to KnowFinal 408(b)(2) Regulations IssuedDol, Treasury Departments Act To Enhance Retirement Security For An America Built To Last [02/02/2012]Will OMB Ever Push the Button to Finalize Fee Disclosure Regulations, and What About the Summary of Benefits and Coverage Regulations401(k) Fee Disclosure Deadlines Extended Three Months; Other Changes Made in Final Regulations Under ERISA 408(b)(2)401(k) Fiduciary Advisory and Consulting Services – Storie Financial AdvisoryDeadline Set for New Disclosure Rules [...]

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