401 (K) Plans

401 (K) Plans

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401(k) plan sponsors offer an array of appropriate investment options; participants direct their investments among those options. While participants expect to be able to switch investment options or withdraw money from their accounts, during the recent economic downturn, some 401(k) plan sponsors and participants found that they were restricted from doing so. This report: (1) identifies some of the specific investments and practices that prevented plan sponsors and participants from accessing their 401(k) plan assets; and (2) determines any changes the Dept. of Labor could make to assist sponsors in understanding the challenges posed by the investments and practices that restricted withdrawals. Charts and tables. This is a print on demand report.Any number of 401(k) investment options can lend securities, including index funds, money market funds, and stable value funds. Some service providers that offered the investment options that lent securities did not allow plan sponsors toanbsp;...

Title:401 (K) Plans
Author:Charles Jeszeck
Publisher:DIANE Publishing - 2011-05-01


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