Regional Vice President of Sales The Retirement Plan Company
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Compass
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Put a Sticker on 401(k) Funds to Disclose Costs
Bloomberg [Opinion] Apr. 23, 2007
Excerpt: Mutual funds within 401(k)-type programs need disclosure statements like price stickers on cars that detail most of the product's costs. With vehicles, line items tell you how much is paid for options packages, delivery, tax and title fees. Yet funds within most people's retirement plans have none of this kind of itemized disclosure.
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