Guarenteed Retirement Account Bailout (G.R.A.B.)

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Wednesday, August 17, 2011

Prepare your clients for upcoming 401(k) regulations | AccountingWEB.com

Prepare your clients for upcoming 401(k) regulations | AccountingWEB.com: "A new regulation set forth by the Department of Labor (DOL) states that 401(k) plan vendors will have until April 1, 2012, to disclose fees to plan sponsors, while plan sponsors will have until May 31, 2012, to disclose fees to employees on their quarterly statements.
 
Fee disclosure is the jumping off point for the new regulations. In 2011, 2012, and 2013, your clients will need to react to several new initiatives."

2 comments:

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