Center for American Progress Calls for Improved Consumer Protections to Prevent Retirement Fees from Draining the Middle Class

Washington D.C.–(ENEWSPF)–April 11, 2014.  The corrosive effects of high 401(k) fees are costing millions of Americans tens of thousands of dollars, forcing them to work years longer before retirement, according to a new report released today by the Center for American Progress. The report’s authors, CAP economic experts Jennifer Erickson and David Madland, propose a common-sense solution that won’t cost the government a dime but will protect consumers by improving retirement fee disclosure.