Do this if you don't like your 401(k) plan's fees:
There are several ways to accomplish this collaborative effort.
“Plan participants should voice their concerns during educational meetings provided by the plan,” says Fonville. “This strategy makes the issue known but also does it in a public format where everyone hears the issue. A statement like ‘our plan appears to cost far more than other plans available. I’m concerned that this is impacting my ability to grow my retirement savings over time. What evidence can you show me that illustrates our plan is indeed a low-cost plan vs. other employers our size.
Needless to say, you may not feel comfortable going the legal route. If that’s the case, you can always delegate the job to the Department of Labor.If, on the other hand, you wish to avoid all confrontation, what can you do?
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Do This If You Don’t Like Your 401(k) Plan’s FeesIf plan participants do discover the fees their 401(k) plan is paying are outrageous, what recourse do they have?
Read more »
Do This If You Don’t Like Your 401(k) Plan’s FeesIf plan participants do discover the fees their 401(k) plan is paying are outrageous, what recourse do they have?
Read more »
I Never Thought Arthritis Would Derail My Career. Here’s What I Wish I Had Known.Things don’t always work out the way you planned—and that’s not necessarily a bad thing.
Read more »
Netflix Acquires Roald Dahl Story Company, Sale Includes CatalogThe streamer is planning to create 'unique universe' from the Willy Wonka creators beloved stories, which includes the likes of 'Matilda,' 'Charlie and the Chocolate Factory,' 'The BFG' and many more.
Read more »
Ken Jeong Debunks Nicki Minaj’s Vaccine Claims, Breaks Down Delta Variant on ‘Late Late Show’'Don’t get medical advice from Nicki Minaj,' Dr. Ken Jeong said on TheLateLateShow
Read more »
Billie Eilish Teams With Nike on Sustainable Sneakers“You can make cool s--t and you don’t have to be wasteful,” billieeilish said of the Nike collaboration.
Read more »