Tag: equity
Private equity is illiquid, has high fees, and hasn’t produced high returns for state/local plans The president just issued an executive order to encourage adding private equity and private credit — as well as other alternative investments — as options to 401(k) plans. The Department of Labor (DOL) is tasked with accomplishing this goal. Some suggest t…
The Affordable Care Act gives a carrot to states that expand Medicaid from a health insurance program mainly for poor people to one that also includes low-income workers. Under the 2010 law, the federal government initially paid the full cost of adding more people to the Medicaid rolls, and a large majority of states hav…