The regulatory “guidance” is part of a broader document dealing with important new rules that take effect this summer requiring greater transparency of the fees that participants are charged.īrokerage windows occupy a small corner of the 401(k) world, but they are gaining in popularity. Department of Labor (DOL) released unexpected new rules for plan sponsors that cover brokerage window. ![]() ![]() CHICAGO, June 7 (Reuters) - Can you fly the coop on your company’s 401(k) plan if you don’t like its investment choices? A growing number of plans offer a “brokerage window” that lets retirement savers sidestep the standard investment menu and access a much larger number of mutual funds or stocks offered by their plan providers.īut plan providers are complaining after the U.S.
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