Watch Those 401(k) Fees

by James & Miel on August 11, 2009 · 0 comments

I’ll have a longer post about this in the future, but I read an interesting article in the Wall Street Journal today about the fees associated with 401(k) plans. As anyone who tracks their monthly fund statements can attest, administrative and transaction fees can really start to add up and take a big chunk out of your profits if they’re not actively managed, preventing you from building wealth to the levels you hope for.

New legislation making its way through Congress might help investors by mandating a greater level of transparency than is currently required. It should be interesting to see this develop. You can read the full article here.

– Michael

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