TITLE

NO FREE LUNCH

AUTHOR(S)
Davis, Andrea
PUB. DATE
June 2011
SOURCE
Employee Benefit News;Jun2011, Vol. 25 Issue 8, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on a survey by the AARP which reveals that 71% of Americans do not know that they are paying fees to their 401(k) plan and the U.S. participant fee disclosure rules, which are set to take effect on October 14, 2011. The study revealed that six percent of the participants are not aware whether they paid fees or not. It states that under the new rules, expenses and fees will be explained more clearly to U.S. employees.
ACCESSION #
62640036

 

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