Should You Invest in Your Crappy 401(k) Plan?

We don’t have very much experience with 401k’s, but Lauren’s work just set one up. I was amazed how horrible our options were. Most funds had a front end load of 5% and the manager wanted 1% of our wealth per year for his “advice.”

Unfortunately, despite the lack of options 401(k)’s are usually worth it. Between a company match and tax advantages you’ll probably recover a lot of those fees. It’s just a shame we have to pick the lesser of two evils.

Links:
Should You Avoid Your Company’s 401k (Jim Collins) – http://goo.gl/SOiCRI
How to Campaign for a Better Plan – https://goo.gl/JnJZF7
Funds Can’t Beat the Market – http://goo.gl/QdplTr
Jack Bogle on Fees – https://goo.gl/FVz03k

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