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re: 401k meeting today. Right way to ask about high fees??
Posted on 10/27/16 at 2:02 am to white perch
Posted on 10/27/16 at 2:02 am to white perch
quote:
a question for you: are you getting a match with your 401k? If yes, then the fees you are paying are likely much less than the match so you are coming out ahead anyway.
Eh?
Wouldn't this only apply if he is in the first five years or so working with this employer?
After which, the balance will far exceed the "free money" provided by the match, and thus make the high fees start to gain equal footing to the additional contributions and then surpass them.
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