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DOL Finalizes Regs on ERISA Penalties for Failure to Provide Notice of Investment Blackouts
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
[Official Guidance] Jan. 24, 2003
Excerpt: [A] blackout period generally includes any period during which the ability of participants or beneficiaries to direct or diversify assets credited to their accounts, to obtain loans from the plan or to obtain distributions from the plan will be temporarily suspended, limited or restricted.
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