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Participant

The participant is the spouse who has the retirement plan. The participant’s retirement plan is being divided with a QDRO. The spouse that is to receive benefits under the QDRO is the Alternate Payee.

Question: Generally speaking, do most 401k plans allow the participant to invest in individual stocks? And by individual stocks, I don't mean the company's stock. I'm talking about non-employer stocks traded on an exchange. In addition, do most 401k plans allow the participant invest in any mutual fund of his/her choice? Or do most 401k plans offer only a limited mutual fund selection? *I know plans vary. But, this is just a general question.

Answer: No, it's not always investing in stocks. It all depends on what your company offers.

 


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