DOL Proposes Rule to Simplify Inclusion of Alternative Assets in 401(k) Plans
The Department of Labor's proposed rule on allowing alternative assets like private equity and real estate into 401(k)s received over 37,000 public comments. The initiative aims to align retirement account regulations with those used by institutional investors but has faced criticism for potentially increasing risk or favoring asset providers.
Topics: 401(k) alternative investments Department of Labor (DOL) ERISA