Because many individuals have had trouble accessing their 401(k) assets upon leaving their employer, the U.S. Department of Labor has decided to step in. The employee advocate is about to propose new rules that could make this process much easier and at the same time much quicker, according to The Wall Street Journal.

The department is planning to make the new rule proposal public sometime this spring and hopes that the new rule will come into effect by the end of the year. Mainly, the rule will be geared toward authorizing financial institutions to release plan funds to workers that have been voided, or have left a company that is no longer operational.

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