Supreme Court Adds Protections For 401(k) Investors

NPR

Published May 19, 2015 at 12:33 PM CDT

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.

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