Asset Details
Do you wish to reserve the book?
PLAN DISTRIBUTIONS: Do IRAs Really Cost More Than 401(k) Plans?
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
PLAN DISTRIBUTIONS: Do IRAs Really Cost More Than 401(k) Plans?
Do you wish to request the book?
PLAN DISTRIBUTIONS: Do IRAs Really Cost More Than 401(k) Plans?
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
PLAN DISTRIBUTIONS: Do IRAs Really Cost More Than 401(k) Plans?
2018
Overview
Providing retirement savers with information that is significantly more transparent would help them determine the actual costs of participating in both IRAs and 401(k) plans. From 2006 through late 2016, numerous lawsuits were filed accusing defined contribution plan sponsors and plan service providers of charging excessive or hidden fees. Most 401(k) plan sponsors hire service providers to help with administrative, participant-focused, regulatory and compliance services, and investment management, because running a retirement plan is not their core business. The service providers they hire charge fees. Generally, litigation has focused on plan sponsors' ability to determine actual plan and participant costs and prove that their plan costs were reasonable and equitable. In many cases, revenue sharing was the issue. Revenue sharing is the practice of paying for plan services through a plan's investment options by making the cost of services a part of investment expenses. IRAs have long played a vital role in the retirement system by helping plan participants preserve savings accumulated for retirement.
Publisher
Aspen Publishers, Inc
