The U.S. Department of Labor’s Employee Benefits Security Administration has announced a new 401(k) fee disclosure website as a resource for consumers.
According to a DOL news release, the new site offers information on disclosures that, for the first time, will help workers with 401(k)-type retirement plans see what they are paying to invest their savings.
The website also includes new tips and tools on making smart retirement investment decisions.
Author: HR Watchdog, HRCalifornia’s Employment Law Blog, © California Chamber of Commerce