Our plan permits participants to make investment changes during the first 30 days of each calendar quarter. A plan conversion is scheduled from September 28th to October 25th, during which time investment changes will be prohibited. Must a blackout notice be provided? And, if so, by what date?
Rev. 06/05/03, E-mail Alert 2003-10

A blackout notice must be provided because participats will be unable to make investment changes for more than three days during the regularly-scheduled period for making such changes. The blackout notice must be provided 30 days before the last day a participant may initiate investment changes. In this case, notice must be given 30 days before July 30th, the last day an investment change transaction may be initiated.