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Expensive Fund Menus Cost Participants 17 Billion Annually

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#1 tony

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Posted 18 April 2017 - 09:10 PM

Inefficiency and waste are hamstringing 401(k) participants’ retirement chances, a report says..

Americans give up at least $17 billion a year by choosing expensive investments within their workplace retirement plans, according to a recent report from New York-based RiXtrema, which provides portfolio crash-testing and other risk management tools to advisors.