Is Your 401(k) Plan Taking Advantage of You?
If you are like a typical 401(k) account holder, you are probably not sure about the level of management fees that are being deducted from your 401(k) account each year. The main reason for this is not because you are uneducated or do not care about your returns, it is mainly due to the lack of transparency in the quarterly/annual reports that you receive from your plan. A recent AARP survey of 800 workers with 401(k)s revealed that 70% of the responders believed that they...
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