Featured Jobs
|
The Pension Source
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
DWC ERISA Consultants LLC
|
|
Nova 401(k) Associates
|
|
BPAS
|
|
EPIC RPS
|
|
BPAS
|
|
Merkley Retirement Consultants
|
|
Compensation Strategies Group, Ltd.
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
July Business Services
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Why Your 401(k) Is Worth Suing Over
Forbes; subscription may be required 
[Opinion] Aug. 15, 2014
"The biggest reason to sue is over excessive fees: You could be getting ripped off in your plan. Expenses on mutual funds within the plans should be rock-bottom. You can buy an index fund of nearly every big U.S. stock for as low as 0.04 % a year (in the Schwab U.S. Large-Cap ETF). That compares to about 1 percent for the average stock mutual fund. Yet brokers and middlemen adore 401(k)s. They can get rich over gouging employees with their onerous fees."
|
| 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). |