401(k) Fees Keep Getting Lower
Employers are shopping around to find 401(k) plans that mean lower fees for the employees who are saving for retirement. And as a result, management fees have fallen. Here & Now's Robin Young talks with CBS's Jill Schlesinger about what kind of savings a person could amass if their plan — which used to charge 1.25% — lowers their management fee to .25%.
Copyright 2021 NPR. To see more, visit https://www.npr.org.