Personal Finance Daily: With 401(k) disclosure, some fees still hidden

	Personal Finance Daily JUNE 25, 2012 Monday's Personal Finance Stories By MarketWatch Don't miss these top stories: With 401(k) disclosure, some fees still hidden Housing inventory plunges in some places 5 housing market where renting beats owning The deadline is looming for employers to provide their workers with information on the costs attached to their 401(k) plans, but it looks like the new disclosure won't be simple, short or sweet, Andrea Coombes writes today in her Ways and Means column. Technically, such information has been available to investors who hunt—really hard—for it, but now companies are supposed to consolidate it and push it out automatically. Read Andrea's column for more details about hidden fees you should know about in your 401(k). Also on MarketWatch today, Amy Hoak reports about how housing inventory is dropping in parts of the U.S. In some areas, inventories remain fairly high, but some communities are seeing buyers eager to snap up properties. Why? Amy says there are a couple of trends at work here: First, there's been less foreclosure inventory hitting the market. Second, many homeowners are underwater on their mortgage and don't want to sell anytime soon. So beware the shadow inventory, she notes. — Anne Stanley , Managing Editor, Personal Finance With 401(k) disclosure, some fees still hidden New rules requiring employers to better disclose 401(k) fees go into effect soon, but you may be disappointed with the results. The new annual disclosure form may run more than 15 pages long, won't provide a simple figure for the annual cost you're paying and some employers will bury the plan's administration costs in with investment expenses. Read more: With 401(k) disclosure, some fees still hidden. 5 housing markets where renting beats owning In theory, plummeting home prices and record-low interest rates should make buying a home cheaper than renting one. But in some parts of the country, it still pays to be a tenant. Read more: 5 housing market where renting beats owning. Housing inventory plunges in some places Housing inventory is shrinking in many parts of the country, but shadow inventory is piling up. Read more: Housing inventory plunges in some places. ECONOMY AND POLITICS India central bank moves fail to stem rupee slide A set of measures announced by the Reserve Bank of India fail to stem the slide in the rupee on Monday, with both the beleaguered currency and stocks finishing lower, erasing strong morning gains. Read more: India central bank moves fail to step rupee slide. New-home sales at highest level in two years Sales of new single-family homes rise 7.6% in May to reach the highest level in more than two years, the U.S. Commerce Department reports Monday. Read more: New-home sales at highest level in two years. INVESTING Commodities trading thrives as equities dive Investors, frustrated by weak stock market returns, have shifted more money and attention to commodities in a bid to make up for lost time. Read more: Commodities trading thrives as equities dive. Maybe not 2008—but still worrying Two top letters converge on a consensus, namely cautious bearishness, reports Peter Brimelow. Read more: Maybe not 2008—but still worrying. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111