Drop us a quick email. Employers first embraced 401k plans as a way of attracting and retaining quality employees. It also cannot be denied that employers clearly like not being held responsible for each investment decision a participant makes.
Sponsors have questions about how and whether to comply with the detailed rules in the regulations.
In this article, we address three questions we've been asked recently. Changing 401k investment providers is never easy. Among the other details, you have to suspend the participants' right to switch their investments during the changeover so that accounts can be valued and switched. No rules specifically govern blackout periods. PureLinks - Banners.