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Watch Out for Inadequate Disclosure Fees Charged to Your 401(k) Plan at Work
Pension Rights CenterLink to more items from this source
[Opinion]
Oct. 18, 2021

"The [DOL] requires 401(k) plans to disclose the fees they charge. However, fee disclosures can be presented in a way that is not transparent and that include unfamiliar terms, such as asset-based fees. GAO found that 45 percent of participants are not able to use the information given in disclosures to determine the costs of their investment fees."

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