The Internal Revenue Service has just issued guidance on a rule that has been on the books since 2001 to prevent employers from liquidating 401(k) rollover accounts with values between $1,000 and $5,000, The Washington Post reports.

Heretofore, when an employee has left a job with a 401(k) plan with a mere $5,000 or less, the employer had the right to force workers to liquidate the account, which many were all to happy to do because of the account's meager size.

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