GeishaGrace
Wed Sep 25 2024
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6 answers
1125
Who pays 401k fees?
Could you please clarify who exactly is responsible for paying the fees associated with a 401k plan? Are the fees deducted from the employee's contributions, the employer's contributions, or a combination of both? Additionally, are there any circumstances where the employee may be able to negotiate or reduce these fees? Understanding the answer to these questions is crucial for individuals looking to make informed decisions about their retirement savings.
