401k balances have made a huge decline over the past few years, but market declines may not be the only reason for such occurrences. Expensive fees and high managerial costs can contribute to a large portion of those costs.
I came across 2 videos that explain some of what’s happening here. I highly recommend the one about 401k fees. If you have a 401k then these aren’t just interesting videos, but things you need to know.
The 401k Fallout
The Truth Behind Hidden Fees in 401k Plans- Parts 1,2, and 3
If you enjoyed this article, please consider sharing it!
