401k Fees are a mystery to many employees

For Many Employees, 401(k) Fees Are A Mystery


A recent government study finds that nearly four in 10 Americans don’t understand the fees they pay for their retirement plan at work. A national survey conducted by my firm, Rebalance, found even worse news: Even more Americans — nearly… Continue reading


Business Owners Demand Better 401(k) Advice: Survey


More than one-third of small business owners look to change their 401(k) plan advisor, a new survey has found — more than twice the number in 2020. Business owners seek better employee communication, lower fees, solid investment insights and higher… Continue reading


Price Check: Does Your 401(k) Plan Measure Up?


As a nation we’ve become hyper-aware of pricing on nearly everything. Before, if you were interested in a pair of new sneakers or tires for your car, you could shop around but only at the cost of your time and,… Continue reading


Despite COVID-19 Related Economic Uncertainty, Retirement Balances Hit Record Levels in 2020


Retirement account balances hit record levels in Q4 2020, according to a recent survey released by Fidelity. More good news: one-third of 401(k) savers increased their savings rate in 2020, while contribution rates for women in 401(k), 403(b) and IRA… Continue reading


Employers See 401(k) Lawsuits Increase Exponentially in 2020


Lawsuits aimed at companies providing their employees with a 401(k) plan have increased five-fold in 2020. Companies large and small are seeing lawsuits from 401(k) plan participants questioning the prevalence of high fees and sub-standard investment options. Read more in… Continue reading

Fiduciary Rule Protections, Washington Post

A New Rule on Retirement Savings Advice Is in Your Best Interest


A new rule has just been implemented by the U.S. DOL, and it could be a game-changer for those saving for retirement. In this Washington Post piece, Michelle Singletary details the many aspects of the landmark “fiduciary rule,” and how… Continue reading