Friday, October 15, 2010

New 401k Fee Disclosure Rules Released

Saving for retirement may become a little easier for the 72 million U.S. workers enrolled in 401(k)-type savings plans. Labor Secretary Hilda Solis has announced that starting in 2012, employers will have to fully disclose the fees charged on plans, and provide performance data for mutual funds.

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1 comment:

  1. 401k has been a good solution to keep a strong check on how your balance is growing or how much money you are withdrawing… A good piece of article, Really impressed.

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