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2 Matching News Items |
| 1. |
PensionBee via BusinessWire
Apr. 17, 2025
"New analysis from PensionBee reveals how discreet non-employee fees on retirement accounts can snowball into nearly $18,000 in lost funds over time.... The analysis looked at a typical worker who: [1] Works for 33 years, changing jobs every three years (12 employers total); [2] Has a 5% investment return, minus average 401(k) fees (net return: 4.15%); [3] Leaves behind a 401(k) with a $4.55 monthly account maintenance fee every time they switch jobs."
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| 2. |
PensionBee via BusinessWire
May 21, 2025
"When everything goes to plan, a standard 401(k) rollover can take approximately two weeks from processing to deposit. If you add weather delays or a busy mail season to the mix, a rollover can stretch to a month.... In the case of a $100,000 rollover check, a 2-week absence from the market during an upturn could cost $37,512 in lost returns over 30 years. An 8-week delay could result in $76,000 in lost returns over 30 years, or over 75% of the original check's value."
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