401(k) Fees: What You’re About to Learn Will Shock You
Honesty may be the best policy, but sometimes, the truth hurts.
New rules for 401(k)s that go into effect July 1 will require more complete disclosure about retirement account fees. that means that when investors open their statements this fall, they’ll be able to see in detail how those previously hidden fees are chipping away at their retirement savings.
As part of the Department of Labor’s new rules, 401(k) plan administrators will have to give employers details of all of the fees they…
401(k) Fees: What You’re About to Learn Will Shock You originally appeared on DailyFinance.com on 2012-06-25T17:00:00Z.
The original article and other great content can be found at this URL: http://www.dailyfinance.com/2012/06/25/401k-fees-disclosure-rules-action/
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