Labor poised to issue 401(k) fee disclosure regs
The Labor Department is close to issuing the first of several regulations governing disclosure of 401(k) fees and expenses.
The Labor Department is close to issuing the first of several regulations governing disclosure of 401(k) fees and expenses. At a congressional hearing last week, a department official said final regulations addressing such disclosures to the public should be unveiled in a few weeks, followed within several months by proposals that would govern disclosures to plan fiduciaries by providers and disclosure by plans to participants. For a look at the department’s original request for information on the topic, visit dol.gov/ebsa/regs/fedreg/proposed/2007007884.htm.
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