ATTENTION: PITT-UPMC Medical & Health Sciences 403(b) and 401(a) Plan Participants

Edelson Lechtzin LLP is investigating whether fiduciaries of PITT-UPMC Medical & Health Sciences 403(b) and 401(a) Plans violated the Employee Retirement Income Security Act of 1974 (“ERISA”) by subjecting participants and their beneficiaries to excessive administrative fees and selecting and retaining unreasonably expensive and poorly performing investment options when superior funds were readily available. As shown below, even a small fee can significantly impact your retirement savings.

Please contact us if you have suffered losses in your 403(b) or 401(a) Plan account and would like to discuss your rights. Call 866-359-0484 ext. 1.

A study by the Government Accountability Office found that “even a seemingly small fee can have a large negative effect on savings in the long run. As shown, an additional 1 percent annual charge for fees would significantly reduce an account balance at retirement.”

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