401(K) Series 6: Other Mutual Fund Fees – Part 3

It’s important to remember that you MUST pay for investment advice and investment management.  What you pay should be reasonable for the investment vehicle and the expected returns of the asset.  You should be fully informed of commissions paid to brokers or salespersons. Below are 3 common fees within mutual funds: Management Fees:  Include management […]

401(K) Series 5: ABC’s of Mutual Funds – Part 2

Mutual funds often have letters behind the end of the fund name.  These letters indicate the share class.  A single mutual fund will have several share classes, all of which have different fees.  When it comes to mutual funds, A’s and B’s are bad – they can indicate the presence of Load Fees. There are […]

401(K) Series 4: Mutual Funds – Part 1

401(K) plans typically offer an array of mutual funds for participants to choose from. These investments allow for growth from the dollars contributed to the plan. Mutual funds serve a vital role for smaller investors to gain exposure to a variety of investments. There are several mutual funds including target retirement, index, actively managed funds. […]