Providing Enhanced Communications Regarding Eligible Rollover Distributions Beyond the Minimum Required Explanations
Of Counsel Michelle Capezza published an article in the Journal of Pension Benefits (Spring 2024) focused on eligible rollovers of retirement plan distributions. In the article, she argues that plan participants in employer-sponsored retirement plans would benefit from receiving more periodic educational materials and enhanced communications well in advance of their decisions regarding eligible rollover distributions.
Michelle writes, “Plan sponsors and fiduciaries that provide their plan participants with comprehensive, coordinated educational materials concerning eligible rollover distributions will certainly act in the best interest of their plan participants and beneficiaries.”
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