Supreme Court Adds Protections For 401(k) Investors

Published May 19, 2015 at 1:33 PM EDT

The Supreme Court ruling on Monday is expected to better protect people from high fees in their 401(k) retirement plan investments.

By a unanimous vote, the court said that companies managing 401(k) retirement plans have to monitor investments and “remove imprudent investments.”

Here & Now’s Jeremy Hobson speaks with Jason Bellini of The Wall Street Journal about the ruling’s implications.

Read more via The Wall Street Journal

Guest

Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.

Stand up for civility

This news story is funded in large part by Connecticut Public’s Members — listeners, viewers, and readers like you who value fact-based journalism and trustworthy information.

We hope their support inspires you to donate so that we can continue telling stories that inform, educate, and inspire you and your neighbors. As a community-supported public media service, Connecticut Public has relied on donor support for more than 50 years.

Your donation today will allow us to continue this work on your behalf. Give today at any amount and join the 50,000 members who are building a better—and more civil—Connecticut to live, work, and play.

Donate