Heads up: The DOL is trying to make it easier to push Private Equity into 401ks. Comment deadline is June 1st.

I haven't seen anyone talking about this here yet, but the Department of Labor has a proposed rule out right now (Docket EBSA-2026-0166-0001) that basically gives 401k plan managers a legal "safe harbor" shield if they choose to dump private equity or private credit into target date funds and default plan lineupsFiduciary Duties In Selecting Designated Investment Alternatives - Regulations.gov. The way it’s written, if an employer ticks off a basic procedural checklist when choosing these altern