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Asked 10/31/2008

Is there a specific law that reqires company 401k plans in California to offer at least one safe investment choice?

Are company 401k plans required by law to offer at least one safe choice that will not loose money, such as CD's or savings accounts that are FDIC?

 
 
 
 
 
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Answer 1/1 - Submitted 11/7/2008

They should, but not all of them do.

do you have any self directing parts of your 401k to exercise?

 
 
 
 
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