US Department of Labor enacts new regulations on Fees
The United States Department of Labor (DOL) is implementing two new
regulations regarding fees and fee transparency for retirement plans this year.
Each regulation has a simple and important objective.
Why do you think the DOL enacted these new regulations regarding 401k
The purpose of the first regulation is to create a clear and consistent
process to ensure that plan sponsors know and understand the fees being assessed
to manage their company-provided retirement plans