Wednesday, June 1, 2011

DOL Extends date to comply with Fee Disclosure Rules

Good news!  The department of labor has extended the deadline to comply with their fee disclosure rules.  Businesses will now have 120 days after 1/1/2012 ( which is 4/30/2012 for plans on a calendar year basis). 

These are exciting changes and include requirements for a comparative graph that can better help participants compare options. 

Here's a link to the fact sheet regarding this ruling. 

Now that's money!

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