Certified Payroll Professional Practice Exam

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Prepare for the Certified Payroll Professional Exam with comprehensive flashcards and multiple choice questions. Each question is accompanied by detailed hints and explanations to aid your understanding. Get ready to ace your Certified Payroll Professional Exam!

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What does the Employee Retirement Income Security Act (ERISA) require regarding participant information?

Disclosure of health information
Disclosure of financial assets
Release of medical records
Release of plan information

The correct answer is: Release of plan information

The Employee Retirement Income Security Act (ERISA) requires the release of plan information regarding participant information. ERISA mandates that plan sponsors must provide participants with specific information about their retirement plans, such as the plan's features, funding, and investments. This ensures transparency and empowers participants to make informed decisions regarding their retirement savings. Therefore, option D is the correct answer as it aligns with ERISA's requirements.