By now you should have received your first mandated disclosure on your 401(k) plan. If nothing else, requiring employees to be furnished with relevant information on the costs features and performance of their retirement plans will prod plan sponsors to clean up crummy plans. There is nothing like potential liability and class action law suits to focus the mind on reforms.
By now you should have received your first mandated disclosure on your 401(k) plan. If nothing else, requiring employees to be furnished with relevant information on the costs features and performance of their retirement plans will prod plan sponsors to clean up crummy plans. There is nothing like potential liability and class action law suits to focus the mind on reforms.
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