What is a good expense ratio for 401k

The expense ratio of a 401 (k) plan is the amount an investment company charges investors for managing the fund. A total of administrative fees for the fund’s expenses, this rate is usually stated as a percentage-per-year. In general, the lower the 401 (k) expense ratio, the better. But it’s tough to say what paying too much might be—that …

A July 2019 CNBC article found that 95% of 401 (k) investors pay fees associated with their plans, with the national average for 401 (k) fees .45% …

What Is a Good 401(k) Expense Ratio? | SoFi

Official Site: https://www.sofi.com/learn/content/what-is-a-good-401k-expense-ratio/

An expense ratio is the cost of owning a mutual fund or exchange-traded fund (ETF). Think of the expense ratio as the management fee paid to …

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What is a good 401(k) expense ratio?

The fees and expenses for the Merrill Edge 401 (k) plan are minimal. The plan offers a low comprehensive expense ratio of 0.52%. This expense ratio includes an investment fiduciary fee …

Is 401K a good investment?

There’s a reason workers are often advised to load up on stocks in the course of saving for retirement. If you want to grow your IRA or 401 (k) through the years, stocks are a good bet because they’ve historically delivered notably higher returns than bonds. But stocks are also a lot more volatile than bonds.

What is a good expense ratio?

For instance, a 0.5% expense ratio on $10,000 is $50. On $100,000, it’s $500. A good rule of thumb is anything under .2% is considered a low fee and anything over 1% is high, according to many …

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What is the maximum compensation for a 401k?

The limit for employer and employee contributions combined is $58,000. The 401 (k) compensation limit is $290,000. The 401 (k) contribution limit is $20,500. The 401 (k) catch-up contribution limit for those age 50 and older is $6,500. The limit for employer and employee contributions combined is $61,000. The 401 (k) compensation limit is $305,000.

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What is an Expense Ratio? The Fee that Kills Investments Video Answer

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