Legal Update
Mar 20, 2007
New Disclosures Required for First Quarter 401(k) Plan Benefit Statements
As March 31 approaches, sponsors of 401(k) plans and other plans that permit participants to direct the investment of their accounts should make sure that their first quarter benefit statements satisfy the new disclosure requirements enacted last year by the Pension Protection Act (the PPA).
Seyfarth Shaw LLP provides this information as a service to clients and other friends for educational purposes only. It should not be construed or relied on as legal advice or to create a lawyer-client relationship. Readers should not act upon this information without seeking advice from their professional advisers.