» The $3 Trillion 401(k) Rip-Off

Click the title to read an article by Dan Solin discussing the mismanagement of 401k assets by investment providers and plan sponsors.  Many plan sponsors have no idea that they are personally liable for the investment decisions they make on behalf of their participants.  It’s very easy: diversify globally, stay prudent and rebalance yet the lack of providers out there offering this type of vehicle makes it very hard to accomplish.

Link posted at 5:17 PM (1 month ago) | Permalink