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U.S. Supreme Court
What the Supreme Court 401(k) ruling means for you
What the Supreme Court 401(k) ruling means for you

The U.S. Supreme Court broadened protections of workers' retirements with an important decision that increased the responsibilities of the overseers of corporate 401(k)s,  particularly regarding fees charged by mutual fund companies.  The court opened the door for employees to sue plan administrators who place retirement funds in high-fee products when cheaper alternatives are readily available. The decision in Tibble vs. Edison International comes on the heels of a proposal by the Labor Department that would require investment advisors to put clients' interests first across a broad swath of retirement-related transactions, particularly those involving individual...

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