Hobby Lobby retirement plan invests heavily in contraception manufacturers

Hobby Lobby retirement plan invests heavily in contraception manufacturers

Redden examined documents filed with the Department of Labor three months after the company’s owners filed the lawsuit challenging the contraception provision of the Affordable Care Act and found that the Hobby Lobby 401(k) ‘held more than $73 million in mutual funds with investments in companies that produce emergency contraceptive pills, intrauterine devices, and drugs commonly used in abortions.'”

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