Guarenteed Retirement Account Bailout (G.R.A.B.)

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Wednesday, May 19, 2010

New Rules Encourage Employees To Diversify 401(k) Savings - WSJ.com

New Rules Encourage Employees To Diversify 401(k) Savings - WSJ.com: "New rules designed to help employees avoid being stuck with too much of their own company's stock were issued Wednesday by the Internal Revenue Service.

Under the regulations, 401(k) plans and employee stock-ownership plans within 401(k)s must allow plan participants to sell company stock and reinvest the assets at 'periodic, reasonable opportunities,' and no less often than quarterly."

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