Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Pattison Pension
(Albuquerque NM / Hybrid)

Pattison Pension logo

Strategic Retirement Plan Consultant

Retirement Plan Consultants
(Urbandale IA / Des Moines IA)

Retirement Plan Consultants logo

Data Administrator II

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Defined Benefit Plan Consultant/Actuarial Analyst

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Retirement Plan Consultant

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Plan Consultant - DB/CB

MAP Retirement
(Remote)

MAP Retirement logo

Retirement Relationship Manager

MAP Retirement
(Remote)

MAP Retirement logo

Retirement Plan Consultant

MAP Retirement
(Remote)

MAP Retirement logo

Plan Administrator, Defined Benefit & Cash Balance

The Pension Source
(Remote / Stuart FL / NY / TX / Hybrid)

The Pension Source logo

Regional Vice President, Sales

MAP Retirement
(Remote)

MAP Retirement logo

Temporary Document Specialist

BPAS
(Utica NY)

BPAS logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

403(b) Theft: How Employees and Employers Get Bilked
403bwise Link to more items from this source
[Opinion]
Sept. 24, 2009
Excerpt: Quite simply, participants in expensive plans are losing A LOT of money. How much? How about $875,000 in some cases? Consider? If a participant invested $10,000 per year (inflation adjusted) for 40 years, earned a 9 percent return (before fees), he or she would accumulate approximately $2.4 million. If fees were along the lines of the plan I just described (2.08 percent + additional advisor fee of 1 percent), this investor would pay more than $875,000 in fees.

MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).