D.C. Mun. Regs. tit. 6, r. 6-B2616

Current through Register Vol. 71, No. 49, December 6, 2024
Rule 6-B2616 - INVESTMENTS
2616.1

Participants shall be given an opportunity to direct investment of their respective 457(b) Plan accounts in one (1) or more of the investment funds offered by the 457(b) Plan.

2616.2

When a participant makes deferrals to the 457(b) Plan and has not directed that those deferrals be invested in any specific fund(s), his or her deferrals shall be invested in the default fund selected by the 457(b)Plan provider until additional instructions are provided by the participant.

D.C. Mun. Regs. tit. 6, r. 6-B2616

Final Rulemaking published at 67 DCR 4743 (5/1/2020)