QUESTION
My employer transferred our 401 plan from John Hancock to Paychecks.When I got my final statement from JH my employer took $300.00 from my 401 as
Asked on Mar 14th, 2017 on Corporate Law - New York
More details to this question:
administrative expenses.My money was in a conservative plan because I am planning on retiring soon.This was company wide and we had no say in it and were not informed of these fees.Is this legal.
1 ANSWER
1 Award
It is legal if the plan allows it.
Answered on Mar 14th, 2017 at 10:31 AM