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Labor Department tackling 401(k) fee disclosure

The Department of Labor is considering new regulations to improve disclosure of 401(k) fees for both plan participants and fiduciaries.

The Department of Labor is considering new regulations to improve disclosure of 401(k) fees for both plan participants and fiduciaries. The issue of such disclosure has been at the center of congressional debates in recent weeks, and some lawmakers have expressed interest in changing pertinent laws via legislation. The Labor Department will seek public input on any regulatory changes it proposes.

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