New simplified 401(k) disclosures help you answer important questions about your retirement account
What do you pay for your 401(k)?
How much was deducted from your account for administrative expenses and management fees?
What is the total annual operating expense for each investment option - is it competitive with its peer group?
How have your investments performed - currently, over time, and compared to industry benchmarks?
Over time, your financial goals and strategy may change. That's why it's important to regularly review all sources of your retirement income, including your 401(k). Check out the new disclosures to see if you are on the right track - or need to make adjustments - to achieve your financial goals.