Critics of Hobby Lobby are forgetting something — the role of employees in choosing their own investments.
That’s the feeling from Ben Domenech of The Federalist, who recently wrote that some have been quick to call Hobby Lobby "hypocritical" because some of its 401(k) contributions go to companies that make contraception.
However, it’s actually the employees making those investments, not the craft store, Domenech wrote. “The menu of choices is provided not by the employer but by the administrator of the plan, offering a wide range of mutual funds — which are most commonly indexes invested in the breadth of the market.”
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