Your 401(k) is a key tool for retirement, but what if its investment options are changing in ways you don't fully understand? We'll break down how private assets, once off-limits, are now finding their way into these plans, and what that means for your future savings.
The U.S. Department of Labor (DOL) recently clarified that private assets can be included in 401(k) plans, sparking a lot of discussion.
Historically, 401(k)s mostly held publicly traded stocks and bonds.