Is Your 401(k) Secretly a Money Pit?
Your 401(k) costs money -- no ifs, ands, or buts about it. Someone has to manage the funds you've invested in, do all the reporting, and make sure you can check up on your account when you need to. And those people have to get paid. That's understandable, but those fees you're paying can have some serious consequences for your retirement savings.
Here's a closer look at the types of costs your 401(k) has and what you can do to minimize them so you keep more of your savings for your retirement.
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Source Fool.com
