Latest / Durham News Today | 2 Min News | The Daily News Now!
The Hidden Cost of Rollover Fees | Durham News
When you roll over your 401(k) into an IRA, you’re not just moving money—you’re often swapping low-cost institutional share classes for expensive retail ones, silently eroding your retirement savings. Fees can be 37% higher for equities and 41% higher for hybrids, costing billions annually. Most people don’t even consider fees—just control or consolidation—ignoring how a tiny fee increase can shave tens of thousands off your nest egg by retirement. And it’s not just cost: you also lose the strong legal protections of ERISA. This seemingly simple move carries heavy, long-term consequences you…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.