savers

This common money move costs retirement savers $45.5 billion in investment fees, earnings over 25 years

This common money move costs retirement savers $45.5 billion in investment fees, earnings over 25 years

andresr | E+ | Getty Images IRA rollovers are common for job switchers, retirees Investors rolled $516.7 billion from workplace plans into traditional IRAs in 2018, the latest year for which data is available. That’s nearly 28 times more money than as contributed to traditional IRAs that year. A Pew survey from 2021 found that …

This common money move costs retirement savers $45.5 billion in investment fees, earnings over 25 years Read More »

401(k) savers will see a 'wake-up call' in their next statement, says law professor. Here's what to look for

401(k) savers will see a ‘wake-up call’ in their next statement, says law professor. Here’s what to look for

Blackcat | E+ | Getty Images You may get a nasty surprise when you open your next 401(k) statement. These statements generally arrive each quarter, either online or by mail. They provide basic information to savers about their investments and the size of their nest egg, for example. Starting in a few weeks, the notices …

401(k) savers will see a ‘wake-up call’ in their next statement, says law professor. Here’s what to look for Read More »