As more and more retail investors prepare to take the stock market plunge, it's alarming to learn that America's collective investing knowledge is bad - very bad.
Retirement plans are like sausage. I want mine to be fat and juicy, and until recently I really didn't care how it was made. But then I got a peek at ...
A key reason for the low balances of the even those at the top of the pecking order for 401(k) plans is unconscionable fees imposed by the mutual fund industry.
BOSTON ā It's easy to overlook what's important when it comes to saving money. Many people would sooner clip a toothpaste coupon than review their r...
The importance of keeping investment fees low is a good rule of thumb, not limited to 401(k) plans. We want to be mindful of the fees we pay when it comes to any investment.
-- Federal disclosure rules that go into effect Sunday will make it easier for workers and retirees to see how much their 401(k) accounts are being d...
It is easy to forget that 401(k) plans have only been around for three decades. We have learned a lot in that period, and the jury is now in: The 401(k) experiment has failed. This system does a better job of enriching the financial sector than in providing retirement security to Americans.
So what happens in a marketplace when buyers lack information and can't easily exercise consumer choice? Sellers can charge whatever they want. And this is pretty much the case in the 401(k) marketplace.
Social media has changed nearly everything we do -- 401(k) questions are no exception. These days, when something doesn't seem right, savvy investors take to Twitter, Facebook, and blogs to discuss and get answers.
Why do we assume employees can be skilled investment advisers? We need reform that makes the process of making investment selections in 401(k) plans foolproof. Current reform just doesn't cut it.