Tonight on FRONTLINE: The Retirement Gamble
Google "Borzi," as in Phyllis Borzi, the Assistant Secretary of Labor for Employee Benefits Security.
If you never do anything else today, watch this video. It was aired on April 23, 2013.
Tonight on FRONTLINE: The Retirement Gamble
http://video.pbs.org/video/2365000631/
Phyllis C. Borzi appears in the show.
Please see the article about excessive 401(k) fees in the September issue of Consumer Reports
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3406853
There's a ton of information here:
Employee Benefits Security Administration
http://www.dol.gov/ebsa/
Understanding Your Retirement Plan Fees
http://www.dol.gov/ebsa/publications/understandingretirementfees.html
Maximize Your Retirement Savings - Tips on Using the Fee and Investment Information From Your Retirement Plan
http://www.dol.gov/ebsa/publications/feedisclosuretips.html
Disclaimer: I have money in Vanguard funds.
Vanguard offers funds with active management, Jack Bogle's beliefs notwithstanding. It's like your grocery store. You can buy broccoli there, and you can buy chocolate-covered marshmallows there. They leave the choice up to you.
That reminds me: I think today is the distribution date for one of those funds.
Best wishes to all.
