1. Say goodbye to hidden 401(k) fees

    You will soon know more about how much your retirement plan is really costing you, thanks to new rules on 401(k) fee disclosure that took effect July 1.

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    1. The purpose is to make something that is not so tangible, tangible to the average person.
    2. A $20 fee doesn't seem like a lot of money, but in the long-run, the amount the fees will erode your savings over the course of a work life -- say over 30 years -- can be much bigger, and that's still going to be difficult to see.
    3. I think there's always more we can do, but this [disclosure] is a great first step.
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