IFAwebnews.com | Congressmen seek changes to U.S. 401(k) system: "Two congressmen want changes to the nation’s 401(k) plans, including greater disclosure of fees and better access to information about plans for participants.
Rep. Robert Andrews (D-N.J.), chairman of the House Health, Employment, Labor and Pensions Subcommittee and Rep. George Miller (D-Calif.), chairman of the House Labor and Education Committee, are expected to reintroduce legislation that failed last year, when the nation’s 401(k)s lost more than $2 trillion."
Thursday, April 23, 2009
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