Sorry, it’s the same as you’re describing. The employer doesn’t decide which funds are available, the bank does. I’m thinking back to my last job and there were only about 10 funds to choose from, but I couldn’t tell you who was responsible for limiting the options. The bank might have offered a “retirement benefits package” to the employer to simplify things. Not sure.
The only option I have is to shift into international markets and even that isn’t too much of a shield as many of those have US allocations that will be buying SpaceX
Why would the employer care which funds are available though?
Here, the employer picks the provider and default fund, but you can change it to anything the provider offers. (Although most don’t)
Because the employer can get the money back I guess!
Sorry, it’s the same as you’re describing. The employer doesn’t decide which funds are available, the bank does. I’m thinking back to my last job and there were only about 10 funds to choose from, but I couldn’t tell you who was responsible for limiting the options. The bank might have offered a “retirement benefits package” to the employer to simplify things. Not sure.
The only option I have is to shift into international markets and even that isn’t too much of a shield as many of those have US allocations that will be buying SpaceX
Oh god damn it.