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Salon
Salon
US · 8 mins ago
Wall Street wants to change the rules for your 401(k)
It could put your retirement at risk. Published July 9, 2026 6:00AM (EDT) Apple pies sit on a table before a news conference with Rep. George Miller, D-Calif., on Senate Finance Chairman Max Baucus' removal from the "American Jobs and Closing Tax Loopholes Act" of a provision that would require the disclosure of hidden 401(k) fees. Miller was sending the apple pies to the Senate panel's members, each one missing a piece to symbolize "Wall Street's cut." (Photo by Scott J. Ferrell/Congressional Quarterly/Getty Images) This article originally appeared on ProPublica. Most Americans don’t look to their 401(k) plans for excitement or experimentation, instead relying on the promise that steady saving and sober planning will guarantee security in their golden years. But the Trump administration w
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