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Report of the Working Group on Financial Literacy of Plan Participants and the Role of the Employer
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
[Opinion] May 12, 2008 Excerpt: For plan sponsors who wish to craft their own program, a best practices grid would point to the core literacy skills needed for a successful retirement. The Working Group recommends that the Department of Labor determine and publish best practices for the plan sponsor and fiduciaries to consider for use in educating plan participants with a focus toward increasing financial literacy. MORE >> |
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