In response to the U.S. Department of Labor’s new anti-consumer “notice-and-access” disclosure regulation that goes into effect today, the Pension Rights Center is urging workers and retirees to tell their pension and 401(k) plans that they want to continue receiving their key retirement information on paper – not just by getting a text or email saying that the information is on a website.

The Labor Department issued a new rule, effective July 27, 2023, that describes a new form of electronic disclosure for retirement plan information called “notice-and-access.”  This new scheme of disclosure will put the burden of finding More...

Retirement plan participants receive multiple communications from their plans. Some disclosures are sent automatically, such as each year, every quarter or when joining a plan. Other disclosures are sent when “triggering” events occur, such as termination of employment or divorce. Certain plan documents and reports are available upon request. More...

US lawmakers have re-introduced a bipartisan bill intended to create a national online “lost and found” for Americans to track down lost retirement accounts as they move between jobs.