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Congress and the U.S. Department of Labor are taking a hard look at so-called hidden fees in 401k retirement plans � but not as hard as the look taken by plaintiffs' firms that are suing corporations for allegedly failing to protect their employee's nest eggs. Plaintiffs call the fees "hidden" because the management fee that participants see is often a lump sum that includes the costs of separate services by different providers, making it difficult for participants to compare costs among similar plans.
May 05, 2008 at 12:00 AM
1 minute read
Presented by BigVoodoo
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