PLAN MAN Posted November 1, 2007 Posted November 1, 2007 In paragraph (e)(4)(v)(A) dealing with investments in a default fund prior to Dec. 24, 2007, the DOL uses language that states "an investment product or fund designed to guarantee principal and a rate of return generally consistent with that earned on intermediate investment grade bonds" - I'm being told by investments folks that the rates of return on stable value funds would not be as high as the rates for intermediate grade bonds. What is the DOL trying to say with this provision?
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