On March 10, 2022, the Department of Labor’s Employee Benefits Security Administration (EBSA) released compliance guidance that cautions plan fiduciaries to exercise extreme care before they consider adding a cryptocurrency option to a 401(k) plan’s investment menu for plan participants. The guidance […]
While data privacy has become a major concern for organizations with respect to their core business operations, benefit plans can fall outside their focus. The sensitive nature of information stored (SSNs, DOBs, financial and medical information, bank account details and beneficiary information), […]