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High Fund Fees, Waste Cost 401(k) Participants $17B Annually

TedTed
in Fund Discussions
FYI: Fee inefficiency and waste are hamstringing 401(k) participants’ retirement chances, a report says..

Americans give up at least $17 billion a year by choosing expensive investments within their workplace retirement plans, according to a recent report from New York-based RiXtrema, which provides portfolio crash-testing and other risk management tools to advisors.
Regards,
Ted
http://www.fa-mag.com/news/expensive-fund-menus-cost-401-k--participants--17-billion-annually-32295.html?print

Comments

  • VintageFreakVintageFreak
    Hmm....Lack of "fiducuary rule" also caused investors $17B annually...
    Question - Does anyone fact check such reports? I mean I'm not saying this is not a problem, but I just wonder...
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