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US Department of Labor launches online filing system for termination administrators to submit information on abandoned employee benefits plans

News Employment & labor English General Updates
Date: 19th Jul, 2024 Source: Employee Benefits Security Administration Country: USA Original Source

Brief

WASHINGTON – The Department of Labor today announced its  Employee Benefits Security Administration has launched an online system to help qualified termination administrators more efficiently submit information required by the department’s Abandoned Plan Program. Since 2006, the program has enabled benefit distributions to be made to participants and beneficiaries of individual account retirement plans, such as 401(k)

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WASHINGTON – The Department of Labor today announced its  Employee Benefits Security Administration has launched an online system to help qualified termination administrators more efficiently submit information required by the department’s Abandoned Plan Program. Since 2006, the program has enabled benefit distributions to be made to participants and beneficiaries of individual account retirement plans, such as 401(k)

This content is restricted.

Employee Benefits Security Administration

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