Tag: 401k
Not all actively managed funds have high fees, and not all index funds have low fees. Every time I talk about investment fees, I lapse into arguing for index funds rather than actively managed funds. And every time I do so, both friend and foe point out that not all actively managed funds have hig…
Catch-up provisions had only a modest impact on saving. Under current law, individuals can contribute up to $18,000 per year to a 401(k) plan and those 50 and older can make an additional catch-up contribution of $6,000. Despite the fact that less than 10 percent of participants are constrained by these ceilings, many suggest that…