why saving more in your 401k may do more harm than good
The 401k Industry extracts an estimated $54 billion dollars extra from retirement plans each year
This could and should be changed.
Unfortunately, there’s no incentive for fiduciaries to do so and the industry continues to enjoy the status quo.
In addition, there is a fee inequity within and between plans that penalizes people for saving money.
Unfortunately, there’s no incentive for fiduciaries to do so and the industry continues to enjoy the status quo.
In addition, there is a fee inequity within and between plans that penalizes people for saving money.