RE: SCOTUS Rules In Favor Of Hobby Lobby
July 3, 2014 at 10:15 am
(This post was last modified: July 3, 2014 at 10:17 am by Heywood.)
(July 3, 2014 at 7:46 am)Jaysyn Wrote:Yes in principle you can choose what goes on the menu of mutual funds employees can choose from. However it would be impossible for you to limit the menu to funds which coincide with your religious beliefs without running afowl of pension laws.(July 2, 2014 at 5:25 pm)Heywood Wrote: 2. 401K funds are not invested directly into companies which profit by killing unborn human beings. They invest in funds which diversify themselves by investing in multiple companies. Hobby Lobby has no control of what companies those funds will invest the money in.
That is 100% absolutely not true. A company can always choose what mutual funds to involve themselves in & the fund will have a breakdown of where they money goes. Personally, with my 401(k) I can choose exactly what industries my money goes into.
Have you never had a 401(k)?