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Text of DOL Request for Info on Computer Model for Use with Self-Directed DC Plan Accounts
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] Link to more items from this source
[Official Guidance]
Dec. 4, 2006
Excerpt: [The PPA amended ERISA and the Code] to add an exemption from certain prohibited transactions restrictions [and excise taxes] for the provision of 'investment advice' to participants and beneficiaries ofindividual account plans that permit the direction of assets in theiraccounts ... if the investment advice is provided under an 'eligible investment advice arrangement' [which uses a computer model.]

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