US Department of Labor proposes landmark rule to democratize access to alternative investments in 401(k) plans

US Department of Labor proposes landmark rule to democratize access to alternative investments in 401(k) plans

Proposed rule would clear regulatory burdens, decrease litigation dangers for prudent fiduciaries WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration at this time issued a historic proposed regulation rising potential retirement funding choices for greater than 90 million Americans.  The proposed regulation explains the steps that managers of 401(okay) plans ought to take…

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DOL rule could open 401(k) plans to crypto, real estate and private markets

DOL rule could open 401(k) plans to crypto, real estate and private markets

BlackRock Global Head of Retirement Solutions Nick Nefouse joins ‘Varney & Co.’ to talk about a proposed rule increasing 401(k)s to crypto and real estate. A proposed Department of Labor rule could considerably broaden what Americans are in a position to maintain inside their retirement accounts, probably opening the door to belongings like cryptocurrency, real…

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