Congress will probably put 401k fees under scrutiny in 2007.

Conversations with key Capitol Hill staff and lobbyists in the last days of the 109th session suggest that at least three retirement issues are likely to surface on the Congressional agenda between now and the rush to the 2008 elections. They are: requiring more disclosure of the fees you pay for your 401(k) investments, requiring the federal government to negotiate Medicare Part D prescription prices, and reforming Social Security.

BusinessWeek.com provides a summary.