Safeguarding your employees’ security and privacy is among our highest priorities. With sophisticated systems in place, we continually monitor and assess plan and participant account activity.
While we work hard to help ensure account security, you and your employees also play an important role. Under the Account Protection Program, T. Rowe Price will cover account losses caused by unauthorized activity if both the employee and employer take a few simple, proactive steps. It’s all part of our firmwide commitment to security and privacy.
Employees are automatically protected by the Account Protection Program if you and your employees take these steps:
Plan sponsors and participants should contact us immediately if they suspect a potential breach or fraudulent activity. The Account Protection Program will not apply if the four security best practices outlined above are not followed. All reported concerns will be thoroughly investigated. T. Rowe Price will determine the applicability of the Account Protection Program and the type and amount of any reimbursement by reviewing the facts and circumstances associated with each reported event
Contact your T. Rowe Price representative to find out how we can partner to protect your participants.