A U.S. Government Accountability Office study reported that 41% of American workers are unaware that 401(k) plans carry fees. Yet these fees can cost a workers thousands (and thousands) of dollars ...
If you're saving for retirement, chances are good you're using a 401(k) to do it. These workplace retirement accounts (or the equivalent versions for public sector workers) are the most common ...
As of 2023, there were 29.2 million left-behind 401(k) accounts holding roughly $1.65 trillion in assets, up 20% from two years earlier, according to the latest data by Capitalize, a fintech firm.
If you haven’t looked at your 401(k) plan in a while, you may find it’s changed in some impressive ways. Employers are systematically driving down costs, boosting the company match, and improving ...
When fee disclosures follow the letter of the law. Nov. 8, 2012— -- Quarterly 401(k) statements have always been vague at best regarding the fees that are being deducted from your accounts. New ...
With more Americans job hopping in the wake of the Great Resignation, the risk of “forgetting” a 401(k) plan with a previous employer has jumped, recent studies show. As of 2023, there were 29.2 ...