Drowning in MPF Paperwork? Read These Two First

What are all those trustee documents for?

The MPFA’s “Take Charge of Your MPF Information” booklet walks through the documents trustees must provide by law — offering documents, fee tables, fund fact sheets and annual benefit statements — teaching members to read asset mix, fees and returns from them. Rather than reading everything, learn which matter most.

Which two are must-reads?

The fee table (which fund costs most) and the fund fact sheet (what it holds, how it did) are the essence. Then compare peers online to turn information into action.