401(k) Pension Protection Act of 1996

Summary

401(k) Pension Protection Act of 1996 - Amends the Employee Retirement Income Protection Act of 1974 (ERISA) to require that (Internal Revenue Code section) 401(k)-type pension plans be subject to the same prohibited transaction rules that apply to traditional defined benefit pension plans under ERISA. Requires 401(k)-type plans (by extending such ERISA protections to them) to have diversified investments, and prohibits them from investing more than ten percent of their assets in securities and real property of the sponsoring employer.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 5 June 1996

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 5 June 1996

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• Introduced in Senate

  summary · EN · 5 June 1996

  Open at official source

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