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Many employees think their 401(k) is a free benefit because their employer provides it as part of their compensation package. However, 401(k) plans actually have built-in fees that can be hard to ...

A U.S. Government Accountability Office study reported that 41% of American workers are unaware that 401(k) plans carry fees. Yet these fees can cost a workers thousands (and thousands) of dollars ...

If you're saving for retirement, chances are good you're using a 401(k) to do it. These workplace retirement accounts (or the equivalent versions for public sector workers) are the most common ...

PHILADELPHIA (WPVI) -- Millions of Americans put money into a 401(k) plan, hoping it will one day lead to a comfortable retirement. But Consumer Reports has a warning about hidden fees. 401(k) savings ...

As of 2023, there were 29.2 million left-behind 401(k) accounts holding roughly $1.65 trillion in assets, up 20% from two years earlier, according to the latest data by Capitalize, a fintech firm.

You could risk ending up sorely unhappy with your returns.

Many people save and invest in a 401(k) plan with the hope that they can accumulate enough to eventually pay for retirement.