TITLE

OUT OF STOCK?

AUTHOR(S)
Bridgeford, Lydell C.
PUB. DATE
April 2008
SOURCE
Employee Benefit News;Apr2008, Vol. 22 Issue 5, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the Pension Protection Act (PPA) of 2006. The PPA requires plan administrators to inform participants of their new right to sell company stock in their accounts and reinvest the proceeds into other investments. It gives the U.S. Department of Labor the authority to assess civil penalties against plan administrators who fail to notify participants about diversification.
ACCESSION #
32571979

 

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