401k disclosure fees

401k
You've probably received by now a statement that reveals how much you're paying in fees for your 401(k) retirement plan - and you've probably winced.
Many of us have been focused lately on new 401(k) fee disclosures that let us see just how much we're shelling out to the folks who administer our retirement plans. But what we haven't heard much about-and this can be about as frightful as it gets-are the financial losses you could shoulder if your employer selects "default" funds on your behalf for your retirement account because you haven't made a pick yourself.
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