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Nationwide 401(k) Dashboard Proposed by GAO
With 401(k) plans encompassing more than $7 trillion in retirement savings for over 92 million Americans, it would be an absolute understatement to say that management of an asset level of this magnitude is important. For individuals, especially those with more than one plan in play, it can be somewhat tedious to keep things straight. To make it easier, the Government Accountability Office (GAO) has proposed creation of a single point of control to plan participants to organize and track these critical accounts.
The Pittsburgh Post-Gazette’s Tim Grant takes a look at the GAO’s proposal in a post appearing meadvilletribune.com. Check it out here.
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