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Wells Fargo Faces Probe Into Retirement Account Practices

The Wall Street Journal reports the Labor Department is looking into whether Wells Fargo pushed customers who had low-cost 401(k) plans into higher cost individual retirement accounts, or IRAs.

Here & Now‘s Robin Young speaks with Emily Glazer (@EmilyGlazerWSJ) of The Wall Street Journal, who co-reported the story about the company’s alleged practices with retirement funds.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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