Filed Under:Life Insurance, Life Planning Strategies

401(k) Fee Disclosure Rules Clarified, Deadline Delayed

U.S. Secratary of Labor Hilda Solis (AP Photo/Al Behrman)
U.S. Secratary of Labor Hilda Solis (AP Photo/Al Behrman)

Plan sponsors will now have until July 1 to meet the much-discussed regulations on 401(k) fee disclosure, following Department of Labor announcements Thursday on the final rulings.

The three-month extension of the final date was issued to give sponsors and administrators extra time to effectively prepare for a new level of transparency in the 401(k) market.

Originally published on BenefitsPro. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

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