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New I.R.S. rules clarify when participants can sell company stock in 401(k) plans

Dow Jones Newswires reports that the Internal Revenue Service has released rules clarifying when participants in 401(k) plans can sell company stock held in their accounts.  The rules implement a provision in the Pension Protection Act of 2006 that requires 401(k) plans to allow participants to sell company stock that has been contributed as a “matching contribution.” Congress enacted this provision to protect […]