retirement

Evaluating new fund options in a 401(k) plan

Retirement » Evaluating New Fund Options In A 401(k) Plan

Check out the fees of the new fund options
Check out the fees of the new fund options © Kinetic Imagery/Shutterstock.com

When considering making a change in your 401(k) plan, expenses are a key consideration, says Nauta. The more expensive a fund, the more it impacts a fund's return, which adversely affects the growth of your retirement assets.

Fund expenses are expressed in terms of percentages and aren't always easy to figure out. Bankrate's mutual fund fees calculator can help you understand the costs of a given fund.

While you certainly don't want to stuff your portfolio with funds that have similar objectives and strategies, it makes sense to replace an existing fund that is expensive with a similar fund that costs less.

Maximize your 401(k), and retire in style No matter where you are in your career, be sure to make the most of your workplace retirement plan.

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.11%  0.06 4.17%
15 year fixed 3.22%  0.04 3.26%
5/1 ARM 3.46%  0.13 3.33%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.31%  0.02 4.29%
50K FICO-based HELOC 4.06%  0.02 4.04%
100K FICO-based HELOC 3.91%  0.02 3.89%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.99% --0.00 2.99%
60 month new car loan 3.23%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.97%  0.00 0.97%
2 Year CD 1.18%  0.02 1.16%
5 Year CD 1.81%  0.10 1.71%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.75% --0.00 15.75%
Cash Back Cards 16.45% --0.00 16.45%
Low Interest Cards 10.96% --0.00 10.96%
 
Next
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

How to love a reverse mortgage

Reverse mortgages are getting more respect now that retirees really need the money.  ... Read more

advertisement
Partner Center
advertisement

Connect with us