Retirement Risk: 3 Companies Overloaded With Their Own Stock

In 2020, I discussed how federal pension laws restricted the amount of company stock that could be held within an employee’s defined benefit plan to 10% of the assets. Unfortunately, the same cannot be said about defined contribution plans like 401(k)s, which have created glaringly obvious retirement risk stocks to avoid.  In 2018, two finance professors contributed an article to Fortune that said 38% of large American companies (5,000 or more employees) made their company stock one of the investment option ...