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Started By
Message
re: Are any of y'all anti- 401K or IRA
Posted on 5/3/13 at 9:44 am to Teddy Ruxpin
Posted on 5/3/13 at 9:44 am to Teddy Ruxpin
quote:
No kidding. I'm lobbying my employer hard right now to make changes.
Of course this will never happen. Employers get HUGE kickbacks from fund managers to drop all their (our, actually) money into them. No different than making you use a company cc for expenses.
2
Posted on 5/3/13 at 9:45 am to Springfield XD
quote:Please elaborate on this point. How exactly does the company get a 'kickback'?
Employers get HUGE kickbacks from fund managers to drop all their (our, actually) money into them.
Posted on 5/3/13 at 10:07 am to Springfield XD
quote:
Of course this will never happen. Employers get HUGE kickbacks from fund managers to drop all their (our, actually) money into them. No different than making you use a company cc for expenses.
This is not true. You'll get a cut in fees by having enough of a minimum investment to go up in share classes, especially if you can get to an institutional class. That is in no way a kickback.
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