New rules require 401(k) plans to give you a lot more information, including badly needed disclosures about how much you're really paying to save for retirement. Here's what to look for in next month's statement.
When investors open their 401(k)statements this fall, they'll finally be able to see in detail how previously hidden fees have been chipping away at their retirement savings. That's a good start: Here's how to let that news shock you into action.
The Labor Department's new regulations don't address the core problems of this broken system. Disclosing revenue-sharing payments for retirement-plan mutual funds isn't nearly enough. Those fees are laden with conflicts of interest, and should be prohibited altogether.