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401(k) Fees have a Major Impact Upon Accounts

The LA Times published a recent article about the high costs paid by investors in their 401(k) retirement funds. According to the article the average investor could pay nearly 30% of the accounts value in fees. They project that a dual income couple could be left with only $355,000 instead of the $500,000 that they could have had without the fees.

To read the article follow this link: 401(k) fees could reduce average nest egg by 30%, study says

If you have lost money in your 401(k) plan or other investment accounts due to recommendations made by your stock broker or investment adviser contact the securities arbitration attorneys at Penzien & McBride, PLLC for an evaluation of your situation.

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