Blackout period
Term · Insurance and risk management · MLC-T-INS-000565
A temporary interval during which participants in a retirement plan, such as a 401(k), are prohibited from making changes to their investment elections or accessing their accounts. This period typically occurs when a plan administrator or record-keeper changes, or when a plan undergoes a major modification. Federal regulations require advance notice to participants before a blackout period begins.
| Identifier | MLC-T-INS-000565 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000565",
"term": "Blackout period",
"field": "Insurance and risk management",
"definition": "A temporary interval during which participants in a retirement plan, such as a 401(k), are prohibited from making changes to their investment elections or accessing their accounts. This period typically occurs when a plan administrator or record-keeper changes, or when a plan undergoes a major modification. Federal regulations require advance notice to participants before a blackout period begins.",
"url": "https://mlchart.com/terminology/insurance/blackout-period/"
}
Record 334 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.