Monday, March 12, 2007

 

New Battle Over Reform of Americans' 401(k)

Insurance companies and mutual-fund firms are locking horns over rules that will determine where millions of Americans' retirement money will be invested.
At issue: which types of investments should receive the government's blessing as appropriate for those participants in 401(k) retirement plans who decline to choose for themselves where to invest, leaving the matter to their employers.

New Battle Over Reform of Americans' 401(k)
Source: Wall Street Journal (subscription required)

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