Disclosure Required: Lifetime Income Estimates on Defined Contribution Benefit Statements | McDermott Will & Emery
2021-02-08
The US Department of Labor (DOL) has unveiled an interim final rule (the “Lifetime Income Disclosure Rule”) that adds a new lifetime income disclosure requirement for administrators of defined contribution plans (for example, plans covered by Section 401 of the Internal Revenue Code (Code) (k) or Section 403 (b) ofRead More →