DOL Proposes New Rules for 401k Plans
Madison News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
US Department of Labor proposes new rule for 401k plans, allowing alternative investments like private equity, crypto, and commodities. The move aims to provide more flexibility to plan managers, but critics like Senator Elizabeth Warren raise concerns about recent market flops. Fiduciaries must still scrutinize fees, liquidity, and performance, and real changes may take years due to ongoing litigation and court involvement.
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