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Workers with 401 k retirement plans are getting a new legal protection next year, a regulation that requires 30 days notice before a company can block access to retirement savings accounts for administrative changes.The Labor Department issued the regulation Monday, to take effect Jan. 26. Congress ordered the rule as part of a corporate accountability law passed this summer.Congress has failed to pass legislation strictly to tighten protections for workers with 401 k plans. The 30-day notice of blackout periods was about all Republicans and Democrats could agree on, so it was included in the corporate accountability bill that passed.About 40 million Americans have about $1.5 trillion invested in 401 k plans.Plan administrators who fail to provide the 30-day notice can be fined up to $100 per day per plan participant. Companies are not required to notify the Labor Department of a blackout period. Notices to worke
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stanley uk ke changes during the blackout period.Those requirements will create incentives for companies to keep blackouts as brief as possible, said Ann Combs, assistant labor secretary for pension and welfare benefits.Corporate executives also will be barred from selling company stock or exercising options during blackout pe Gnit U.S. To Take North Korea Off Rogue States List And Lift Sanctions
Check out new Avengers 2 photos, and a Horns trailer. Maleficent returning to Once Upon a Time for a major storyline. Arrow recasts a major new character. Plus, a three-minute Star Wars Rebels short. Spoilers now! To
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stanley cup k via Shock Till You Drop] The Walking Dead Showrunner Scott Gimple weighed in on the question of Daryl sexuality, saying: We know all sorts of things about the characters that we haven ;t revealed, he shares, before insisting, [But] we ;re not holding back information on Daryl sexuality as any sort of big reveal. The fact that there still a question as to what Daryl orientation is in Season 5 absolutely speaks to Daryl character; he is a very guarded, very closed-off individual in a lot of ways. We have been able to see him ever so slowly open up and show the other characters aspect by aspect as to what makes him tick. That been a very satisfying journey for all of us on the creative side to portray. [And] he still on that journey