More personalized advice is offered for 401(k) plan savers

Major providers of financial advice such as Morningstar and Financial Engines are rolling out services to help participants in 401(k) retirement savings plans, with a special emphasis on those approaching retirement. In the past, few employees have taken advantage of the 401(k) advice available to them. The Employee Benefit Research Institute says the main reason was the cost.

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Wall Street Journal (tiered subscription model), The

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