In The Wall Street Journal, Josh Lichtenstein Discussed Labor Department Proposed Rule to Include Alternative Assets in 401(k) Plans

In a Wall Street Journal article, ERISA and benefits partner Josh Lichtenstein, who leads the firm’s ERISA fiduciary practice and co-leads the firm’s collective investment trust (CIT) practice, discussed the U.S. Department of Labor (DOL) proposed regulation to make it easier for 401(k) plans to include alternative investments such as private equity, private credit, and infrastructure funds.

Josh notes the DOL rule’s explicit objective is to reduce litigation risk and he said the DOL rule provides clear guidelines for how 401(k) retirement plans can offer alternative assets responsibly.