Statute of Limitations for 401(k) Fee Lawsuits

November 3, 2014 at 12:24 pm Leave a comment

Presentation1Bloomberg ran an article, “401(k) Fees at Issue as Court Takes Edison Worker Appeal, by Greg Stohr located at http://www.bloomberg.com/news/2014-10-02/401-k-fees-at-issue-as-court-takes-edison-worker-appeal.html#disqus_thread. The story discusses a case, Tibble v. Edison International, to appear before the Supreme Court. What makes the case significant is the attempt to recoup losses due to excessive fees when the plan’s investments were brought into the plan more than six years ago. The outcome may result in additional participant lawsuits and underscores the importance of reasonable fees.

Thanks for reading and have a wonderful day! Please sign up for my blog and follow me on twitter @ChristineGurney. Please follow me on Pinterest at http://www.pinterest.com/chrisgurneyerpa/. Please like my Facebook author page at http://www.facebook.com/ChristineGurneyHsiung. If you have not already done so, please check out purchasing my book on amazon at amazon.com and directly from the publisher at https://www.createspace.com/3964647.

Advertisements

Entry filed under: Pension Reform, Retirement. Tags: , , , , , , , , , , , , , , , , , .

Time to Increase Your 401(k) – 2015 Limits Released! Vote Today! – Voter Lookup

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

@ChristineGurney

Enter your email address to follow this blog and receive notifications of new posts by email.

Vote in Today’s US Midterm Elections

I Voted

%d bloggers like this: