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Not true. Do an Internet search on "self-directed 401(k)" to find out information.

Thank you, thank you MadCap! There's an excellent article on this subject at
Now that I've read it, I do recall a lot of discussion about the option for self-directed brokerage trading being allowed within a 401(k) -- but that was a few years ago, and my memory... well, she ain't what she used to be :)

Still, under my original hypothetical, an employer couldn't get away with choosing a stock or two for employees to purchase (non-company stock of course). That would sort of negate the whole idea of "self-directed" wouldn't it?

Thanks for all the good help. (Yes, I'm settling an argument)

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