Fee disclosures: 2 ways to handle employees’ reactions

Two ways to handle employees: 1.Put it in perspective, 2.Use tools at your disposal. By this, When you issue to employees the first retirement plan fee-disclosure statements (Aug. 30) that list each and every plan fee, you can bet they’ll have a barrage of questions, concerns and complaints. After all, for many, this will be the first time they’ll see just how much they’re paying for their 401(k) account.

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Fee disclosures: 2 ways to handle employees’ reactions