Warning: High fund fees can eat up clients' retirement savings

03/4/2014 | Forbes

Yale Law School professor Ian Ayres warns that fees in many 401(k) funds are so high that they make meaningful savings difficult. Ayres studied more than 3,000 funds, concluding that in some funds, fees actually outweigh tax benefits of participation. He also found that some plans are crippled by an overpriced "dominated" fund.

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