Wednesday , 24 October 2018

401(K) Fees: Here’s What Your Provider Doesn’t Want You To Know

The 401(k) plan gives 90 million Americans a way to make tax-deductible contributions to a retirement account directly from their paychecks with 71% of them believing that there are no fees at all associated with their plan. Nothing could be further from the truth! The vast majority of plans are characterized by huge commissions, expensively managed funds, and layer upon layer of additional – and often hidden – charges.

Today’s infographic is from Tony Robbins via VisualCapitalist.com, and it uses data and talking points from his #1 Best Selling book Unshakeable: Your Financial Freedom Playbook, which is now available on paperback.

 

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