Video: 403(b) Taskforce Releases New Industry Fee Disclosure Standard
New regulations governing participant fee disclosure go into effect this spring for 401(k) plan participants but those regulations don’t apply to public school 403(b) plans. An 403(b) industry led taskforce set out to provide public school employees with key information and today released new disclosure standards that help public school employees make apples to apples comparisons of their 403(b) retirement savings options. ASPPA CEO Brian Graff explains how improved disclosure on fees and services leads to better informed participants.
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