VIDEO ON MSN MONEY
Wow, what a confusing and misleading article! First you tout the value of company matches which shouldn't be passed up and then you state that if fees are too high then consider retirement investing elsewhere. So go buy an IRA with no match and returns of next to nothing is basically what you are saying. It must be stated that most funds have fees of some sort depending on the type of fund and how much it is actively managed. For example an index fund may only have expenses of 17 basis points while a small cap fund may have expenses in excess of 100 basis points.
It also should be known that most corporate 401k funds are able to purchase institutional shares which carry lower fees than other types of shares. The bottom line is that providers must be paid for their services as well as fund managers. You wouldn't suggest that investment managers work for free, so it is up to the 401k fiduciary to ascertain whether fees are reasonable and fair. Disclosure of fees is being done now, so all participants will be informed of all fees and can make appropriate investment selections.
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
[BRIEFING.COM] Stocks entered the weekend on a mixed note as the S&P 500 shed 0.1% while the Dow ended with a gain of 0.1%.
The major averages began the day on a lower note as nine of ten sectors saw losses of more than 0.5%.
The consumer staples sector was the lone exception as the group spent the entire day in positive territory thanks to the relative strength of Dow component Procter & Gamble (PG 81.89, +3.19). The second-largest staple stock advanced ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|