401k Plan Hidden Fees and How to Uncover Them - CJM Fiscal Management

http://www.cjmfiscal.com/401k-investment.php
Charles Massimo speaks about the hidden fees in your 401k plan and why they are dangerous to your financial health.

These are not easy times to be a 401(k) trustee, and not just because the markets are volatile. Congress has begun to examine 401(k) expenses. So are plan participants, and there are already more than 1,000 lawsuits charging trustees with a breach of their fiduciary duties. Would your plan be vulnerable if subjected to that kind of scrutiny?

Many, if not most plans are saddled with excessive costs, underperform the markets, and expose the trustees to unnecessary and undeserved liability. Is yours one of them?

Hidden fees can reduce your plan assets by 50% or more! The CJM Fiscal Management white paper, The 7 Fatal Mistakes of Retirement Plans and How to Avoid Them, will help you to understand—and avoid—these seven fatal errors. It's essential reading for anyone with fiduciary responsibility for a retirement program—from a small company 401(k) to a corporate plan with a $100 million balance.

Category:

News & Politics

Tags:

• news
• finance
• 401k
• analysis
• 401(k)
• EBSA
• ERISA
• retirement
• massimo

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I didn't know that there could be such a difference in fees between 401k plans. When do the new 401 laws go into effect?