Financial Planning
"People worry about whether or not the appropriate rate being charged in a 401(k) plans is 90 basis points or 85," he says. "That is not the issue. The issue is whether you can get participation up from 60%to 100%. Can we see more employer matches? Can we see average deferrals go from 7% to 15%? Congress shouldn't be banging the drum so loudly on fees. Getting the quality of plan output from having paid those fees should be the criteria."
-- Reported by Joe Mont in Boston.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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