In the News

Title

Why Some Clients Still Don’t Know Their 401(k) Costs: Retirement Scan

Authors

On Wall Street

Document Type

Article

Publication Date

11-11-2013

Abstract

Since the Department of Labor's issuance of the fee disclosure regulations for retirement plans in 2012, many 401(k) participants still don't know how much they pay for the investments, writes Ted Jenkin, co-CEO and founder of oXYGen Financial. This is because the participants receive a lot of plan documents and they may overlook the fee disclosures and even if they find the disclosure pages, they may still find the fees confusing, Jenkin says.