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Compliance February 6, 2024
Webinar Series on Fiduciary Duties, Disclosure Requirements to Be Hosted by EBSA in March
EBSA is providing the webinar to inform fiduciaries about various duties such as disclosure, PTEs and voluntary corrections.
Reported by Paul Mulholland
The Employee Benefits Security Administration will host a three-part webinar series in March entitled, “Getting It Right—Know Your Fiduciary Responsibilities.” The series aims to educate fiduciaries on their basic responsibilities and obligations related to operating a retirement or health benefit plan.
On March 5, EBSA will host sessions discussing fiduciary responsibilities for retirement plans and the rules governing prohibited transactions and their exemptions.
On March 13, the series will cover reporting and disclosure requirements for retirement plans under the Employee Retirement Income Security Act and the voluntary correction programs related to retirement plans. The sessions will also offer information on how and when fiduciaries can self-correct administrative errors.
On March 21, EBSA’s speakers will discuss fiduciary responsibilities related to employer-sponsored group health plans, ERISA disclosure requirements for group health plans and qualified medical child support orders.
An overview and registration information can be found here.
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