Tag: 401(k) assets
More importantly, long-run trends show little gains for median balances. It is always interesting to look at Vanguard’s most recent edition of “How America Saves.” And it is particularly interesting to get the numbers for 2022 – not a good year for the stock market. Indeed, the news isn’t good for 2022. More importantly, t…
Could plans save by purchasing the same assets through collective investment trusts? My friend Francis Vitagliano paid me a visit to show that 401(k) plans are paying mutual funds $940 million in transfer agent fees for services they already receive through their record-keeper. He may well be right. The question, however, is how do 401(k)s…
