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.
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VIDEO
What RPA is and how it worksRobotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.