Employers that want to offer 401(k) participants access to private equity get new rule
A new proposed rule from the US Department of Labor aims to give 401(k) plan fiduciaries
By Jeanne Sahadi, CNN (CNN) — The Department of Labor unveiled on Monday a new proposed rule for 401(k) plan sponsors that want to offer plan participants the option of investing in private equity and other “alternative” investments like crypto and commodities. The proposed rule gives plan fiduciaries “maximum discretion and flexibility in selecting any
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