Labor & Economic News Blog


Tuesday, April 24, 2007

Labor Department looking into better disclosure of 401(k) fees

Labor Department looking into better disclosure of 401(k) fees
In StarTribune.com Business
WASHINGTON The Bush administration said Tuesday that it will look into ways to help people get information about fees and expenses assessed on 401(k) plans, which can drain hard-earned money from workers' retirement savings. The Labor Department's Employee Benefits Security Administration will start soliciting ideas Wednesday from the public, industry and other interested parties aimed at improving the disclosure of these charges to millions of people with 401(k) retirement savings plans.

 



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