Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, June 2, 2014

5 Hidden Retirement Fees

Lost FundsHidden fees can quickly deplete the funds in retirement plans and some are not easy to spot right away or may seem inconsequential at first. Here are five hidden fees to watch out for:

  1. Advisor fees: A plan that pays the advisor a set percentage of overall assets may look low at first, but can become a significant amount taken out and do not reflect the amount of work the advisor has done.
  2. Fees to a mutual fund: Many advisors hire a mutual fund to make the account investments, which adds another fee to be paid by the account holder.
  3. Trading fees: Each time a stock is bought or sold, fees may be being attached to the transaction.
  4. Loss from not keeping a balanced portfolio: Investors that are taking on too much or too little risk are costing themselves money.
  5. Taxes: Investors that do not maximize their 401(k) and IRA are losing money by having taxable accounts.

See Mitch Tuchman, Hidden Fees That Eat Your Retirement Alive, Forbes, May 29, 2014.


Non-Probate Assets | Permalink

TrackBack URL for this entry:


Listed below are links to weblogs that reference 5 Hidden Retirement Fees:


Post a comment