Investmentnews Email Newsletter: Could fiduciary advice cut 401(k) plan costs for small businesses? (May 30, 2024)

Could fiduciary advice cut 401(k) plan costs for small businesses?

A new study suggests small businesses that use fiduciary-grade advisors pay lower-than-average fees overall, with more reductions for larger plans.

Retirement health care coverage is already on the minds of millennials.

Rather than leaving cash exposed to 'vulture' lawyers, the ‘90s chart-topper prefers two estate tax planning solutions.

Data from more than 45 million 401(k), 403(b) and IRA accounts show steady contributions even as "vibecession" weighs on savers.

Associations for life insurers and financial advisors laud the move, renews call for “sensible protections” around guaranteed lifetime income products.

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Could fiduciary advice cut 401(k) plan costs for small businesses?

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