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Catholic 401(k) MEP will screen funds for morality

A forthcoming multiple-employer plan aims to help nonprofit and for-profit Catholic affiliates avoid exposure to investments that Catholics might find objectionable.

A Catholic values group plans to launch a multiple-employer 401(k) plan this month that is compliant with the church’s teachings.

That group, the Catholic Benefits Association, started 10 years ago with the mission of helping employers get exemptions from provisions of the Affordable Care Act,

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