Congress didn't actually vote to end the confusion over mutual fund share classes last week, but it took a step that ultimately could go a long way to simplifying how investors buy and sell fund shares.
The credo for how mutual funds are run should be "If better is possible, good is not enough."
Instead, it seems to be simply "Good is enough."
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It is hard to believe that consumers are not taking advantage of every bit of relief offered by the government, but when it comes to a change that was made to the rules for 529 college-savings plans for 2009, it is clear either nobody noticed the news or nobody cared.
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