DOL Proposes Adding Variable Annuities to 401(k) Plan Default Option List A fiduciary would have to show that the benefits from reducing plan participant liquidity justified the impact.

The new DOL draft 401(k) plan alternative asset regulations could also let sponsors use variable annuities as the default investment options for the participants who don't say what they want to do with their assets.

www.thinkadvisor.com/2026/03/30/d...

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