Qualified Default Investment Alternative (QDIA) Rules

The Department of Labor has issued Final Regulations regarding the Qualified Default Investment Alternative (QDIA) rules for participant-directed retirement plans, including 401(k) plans.  While providing needed clarification, the Final Regulations also disclose that stable value or money market funds will not qualify.  While there is a limited exception, these capital preservation instruments will not be QDIA alternatives.  A fact sheet on the QDIA rules is available by clicking  here.

If you have any questions, I may be reached at bradb@innovestinc.com.