Tag: 401k investments

Businesswoman presenting stock market screens to her colleagues in a modern office

When a colleague and I wrote a book on 401(k) plans in 2004, we devoted a whole chapter to the perils of investing 401(k) assets in company stock.  And many meetings around that time involved impassioned pleas for Congress to limit company stock investment.  At one of these meetings, someone suggested that the company stock…

Business trader team doing blockchain analysis inside hedge fund office

The Department of Labor should revisit its June 3, 2020 letter. It’s always embarrassing to learn stuff about U.S. retirement policy from foreign correspondents, but that happens sometimes.  Apparently on June 3, 2020, the U.S. Department of Labor (DOL) issued an information letter opening up the opportunity for private equity investments in 401(k) plans.  T…