Qualified Default Investment Alternative (QDIA) Notice

This legal template pertains to the Qualified Default Investment Alternative (QDIA) Notice, which is governed by United States law. A QDIA is a provision under the Employee Retirement Income Security Act (ERISA) that allows employers to automatically invest the retirement contributions of employees who have not made an investment choice. The QDIA Notice serves as a disclosure to employees, providing them with essential information about the default investment option chosen by their employer. It outlines the investment strategy, risks, fees, and other pertinent details associated with the default investment choice. This legal template ensures that employers fulfill their regulatory obligation to inform employees about the specific QDIA being utilized, empowering them to make informed decisions about their retirement investments.