Why Some Clients Still Don’t Know Their 401(k) Costs: Retirement Scan
Wade D. Pfau
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.
On Wall Street, "Why Some Clients Still Don’t Know Their 401(k) Costs: Retirement Scan" (2013). In the News. 676.