# Investment Advice-Participants and Beneficiaries
> **Employee Benefits Security Administration** · Final rule; delay of effective date and applicability date. · Published 2009-05-22 · 74 FR 23951
## Document
- **Document number:** E9-12065
- **Category:** retirement-erisa
- **Sub-agency:** Employee Benefits Security Administration
- **Federal Register citation:** 74 FR 23951
- **CFR reference:** 29 CFR 2550
- **Publication date:** 2009-05-22
## Abstract

This document delays the effective and applicability dates of final rules under the Employee Retirement Income Security Act, and parallel provisions of the Internal Revenue Code of 1986, relating to the provision of investment advice to participants and beneficiaries in individual account plans, such as 401(k) plans, and beneficiaries of individual retirement accounts (and certain similar plans). These rules were published in the Federal Register on January 21, 2009, and were to have become effective and applicable on March 23, 2009, but were delayed until May 22, 2009, by a final rule published on March 20, 2009 (74 FR 11847). This document further delays the effective and applicability dates of these final rules from May 22, 2009, until November 18, 2009, to allow additional time for the Department to evaluate questions of law and policy concerning the rules.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2009/05/22/E9-12065/investment-advice-participants-and-beneficiaries)
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