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401(k) Fees Are Robbing You Blind

Business Insider - 25 Apr 2013 23:55
401(k) Fees Are Robbing You Blind Everybody knows you should be investing in your company's 401(k) plan, but here's something that almost nobody knows: Investing in a 401(k) could cost your three years' salary.That's the surprising upshot of a new study by the financial folks at NerdWallet, whose InvestingNerd division just ran a study concluding that "9 out of 10 Americans (92.6%) dramatically underestimated the total 401(k) fees the average household will pay over the course of a lifetime."According to NerdWallet, when posed t...
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