On July 1, the rules governing every 401(k) and private pension plan in the United States are going to change. Concerned with the fees paid by retirement plan participants, the Department of Labor is implementing measures to make plan fees more transparent, enabling plan fiduciaries and participants to better understand, monitor and control those fees. Many consider these sweeping disclosure requirements to be the biggest thing to hit benefit plans in the last 15 years. So what does all of this mean for you?
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