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401(k) Fee Disclosures Have Improved Transparency, Though Clarity Still a Concern
InvestmentNews; subscription may be required 
Oct. 30, 2024 "[Some] stakeholder groups ... suggested participants might come away believing the lowest-cost investments are the best choice, even though that might not be true for their specific situation.... Apart from DOL's efforts to monitor implementation of fee disclosures and an agency hotline to answer plan members' questions, some commenters suggested employers and service providers can modify the format of their disclosures or supplement them with educational initiatives to enhance financial literacy." MORE >> |
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