Department of Labor Proposes New Rule Expanding Access to Alternative Investments in 401(k) Plans

The U.S. Department of Labor (DOL) has taken a significant step toward reshaping the investment landscape for defined contribution plans. In March 2026, the DOL released a proposed rule addressing the inclusion of alternative investments, such as private equity, real estate, private credit, and digital assets, in participant-directed retirement plans.... By: Foster Swift Collins & Smith