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Stuck in a Stinky 401(k)? Open the (Brokerage) Window

This option offered by some plans allows participants to invest in a variety of funds, stocks, and ETFs--but mind these dos and don'ts.

Note: This article is part of Morningstar's January 2014 401(k) Week special report.

Unhappy with your employer's 401(k) plan? Perhaps the fund selection is too limited, expense ratios are too high, or you just wish you could invest in stocks and ETFs as well as funds? The answer to these problems may, in fact, be right under your nose if your employer's plan includes a brokerage window option.

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