Guest mbw Posted October 8, 2008 Posted October 8, 2008 How does Fidelity and other similar companies offer its mutual fund products in the mix under its target date funds without creating a prohibited transaction?
Kevin C Posted October 8, 2008 Posted October 8, 2008 One way is by requesting a prohibited transaction exemption ruling from the DOL. The request includes a detailed description of what they want to do. The DOL issues an opinion about whether it would result in a prohibited transaction.
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