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June 2018 Archives

401(k) litigation is rising. What could change?

According to USA Today, the stock market gained 20 percent last year, making 2017 one of the best years for stocks since Y2K. A natural result of these gains was a rise in the value of 401(k) or 403(b) investments for consumers around the country. While the money in 401(k) and 403(b) accounts grew, so did the litigation surrounding the fiduciary duties of their providers to limit excessive fees charged to plan participants. What could change as the result of the litigation and how does it affect you as the beneficiary of a 401(k) or 403(b) account?

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