According to a survey from TD Ameritrade: 37% of people don’t believe they pay any 401(k) fees, 22% didn’t know about fees, 14% don’t understand how to determine what fees they pay. Yet 95% of participants in 401(k) plans incur fees.
In this post, we’ll cover: What are expense ratios? How much are your expense ratios costing you? And how can you avoid paying high expense ratios while investing in your 401K?