401k fees

Beaches and Your 401(k) Plan

Posted on 06/15/2011 by Deb Silverberg | AARP Blog Author | Comments

Money & SavingsWhat do these two things have in common? They’re both subject to erosion – of the natural and man-made varieties. Obviously you have more control over your 401(k) than what your favorite beach destination will look like years down the road. Personal Finance Writer Sandra Block of USA Today recently highlighted five things that can sabotage your 401(k): loans, rollover decisions, hardship withdrawals, cashing out early, and fees. Some things — like cashing out early and hardship withdrawals — can …

It’s 4 a.m. Do you know what you’re getting charged in 401(k) fees?

Posted on 05/2/2011 by Deb Silverberg | AARP Blog Author | Comments

Money & SavingsIt’s not a question that keeps most people up at night — but maybe it should. Or perhaps a better question is this: did you know that 401(k) plans have fees associated with them? If you didn’t, you’re in good company. In fact, seven in 10 people didn’t realize that 401(k) plan providers charge fees to participants, according to a recent AARP study. 401(k) plans are still a powerhouse for your retirement funding, especially when some of your contributions are …