10/19/2015 – Is Wall Street Eating Your 401(k) Nest Egg? (NPR)

Oct 19, 2015 Comments Off by

Americans collectively are losing billions of dollars a year out of their retirement accounts because they’re paying excessive fees, according to researchers studying thousands of employer-sponsored retirement plans across the country.

The rearchers say part of the trouble is that many employers that offer 401(k) plans to their workers are outgunned by financial firms that sell them bad plans loaded with hefty fees. That’s especially true, they say, for small and midsize employers that don’t have much financial expertise in-house.

Read the full article in NPR.

Financial Landing 2015

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