Hiding Private Equity in 401(k) Target Date Funds risks the entire TDF as a Prohibited Transaction- ChatGPT Because Private Equity is clearly an ERISA prohibited transaction,  https://commonsense401kproject.com/2025/07/02/private-equity-is-a-prohibited-transaction-via-chat-gpt/  it can create the false illusion that it adds value to a portfolio like a Target Date fund by overstating performance and understating risks.   As I testified to … Continue reading Hiding Private Equity in 401(k) Target Date Funds risks the entire TDF as a Prohibited Transaction- ChatGPT