The Department of Labor is evaluating the use of brokerage windows in 401(k) plans and is offering employers, benefit advisers, and other stakeholders an opportunity to weigh in on the subject.
The DOL Thursday published a request for information on the use of brokerage windows, self-directed brokerage accounts and similar features in 401(k)-type plans. The request comes after the department received an onslaught of questions about brokerage windows following the 2012 publication of a final regulation on participant-level fee disclosure.
