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Weighing Costs and Benefits

Please note: This item is from our archives and was published in 2008. It is provided for historical reference. The content may be out of date and links may no longer function.

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ON THE RECORD
“We believe that overly detailed, lengthy disclosures on plan fees and costs may impair, rather than enhance, participants’ ability to make informed decisions regarding their participant-directed plan investments.”

— Treasury Benefits Tax Counsel W. Thomas Reeder,
at the House Ways and Means Committee’s hearing
on retirement plan fees and expenses, Oct. 30.

Source: U.S. Department of the Treasury, www.treasury.gov.