Weighing Costs and Benefits


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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