401(k) plans are not cheap to manage. Unlike with a typical brokerage account or even an IRA, there are some fairly complicated rules your employer has to follow to assure the 401(k) plan stays in compliance with the law. That costs money — money that's above and beyond typical investing fees like mutual fund management
401(k) plans are not cheap to manage. Unlike with a typical brokerage account or even an IRA, there are some fairly complicated rules your employer has to follow to assure the 401(k) plan stays in compliance with the law. That costs money — money that's above and beyond typical investing fees like mutual fund management fees and trading commissions. And guess who frequently gets stuck with the tab for compliance and other administrative costs?
AOL Daily Finance, 12/1/2012
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