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What the Supreme Court’s fixes for retirement savings may do to your 401(k)
(By – Chuck Jaffe)
The U.S. Supreme Court prescribed some fixes to the retirement-savings world this week, but the long-term side effects could have some workers thinking they’ve been given bad medicine. The basic idea here is a simple one that impacts all retirement savers: Workers should have access to the best fee structures available for their retirement plan. The company providing or overseeing the plan has a responsibility to employees to make sure that the investments – and most importantly the fee structure on the plan – is the best available. Read more…