Tuesday, July 17, 2012

Does Your 401(k) Plan Leak Money Like a Sieve?

Everyone should pay very special attention to their next 401(k) investment statement.  It is impossible to know how much we pay in fees in many 401(k) plans.  But, new rules issued by the Labor Department will require 401(k) plans to disclose costs for the first time no later than August 30, 2012.

Tip of the hat: Srini Krishnamurthy at NC State.