401k Fees Exposed

Eight out of 10 people don’t know the cost of their 401k plan and 70% of those think they are paying no fees whatsoever for their 401k. So much of what you pay is buried in the fine print. Hidden fees. How much are you paying in fees on your 401k? Learn 401k vs IUL, 401k vs Index Universal Life Insurance, alternative to 401k, should I withdraw my 401k, 401k fees too high.
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Learn how to grow your money safely, protect yourself against the ravages of unknown future tax liabilities, reduce or eliminate the amount of interest you pay to banks and credit card companies, avoid the enormous fees you are currently paying on your investments that are eating up your earnings, protect yourself from healthcare emergencies that can ruin you financially and a way you can have a guaranteed income in retirement. And, I’ll show you how these strategies will beat the pants off your 401k.

You will learn how to get…. Income in retirement you can never outlive, Tax-free growth on your retirement savings, Tax-free income during retirement, Protection from stock market downturns, market-like returns and easy penalty-free access to your retirement savings. I will also introduce you to an amazing retirement plan where a lender will match your 5 annual contributions 3:1, so, just like your employer will match your 401k investment, a bank will match your investment times 3!
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DISCLAIMER:

The Wealth Protection Lady makes content available as a service to its customers and other visitors to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.

[testymean]

Thx! This was so helpful. How do you find out the lowest death benefit the IRS will allow?

[Vanderdude]

They used to be bad bc admin was a huge pain. Technology alleviated most of that. Current plans these days have less than a percent charged internally in assets, some may go as high as maybe 1.5-2. Wrap fees, sales loads etc are not the trend anymore imo. With the tax advantages to a business and employee, 401k’s can make a lot of sense as an asset.

[dakotadak]

Thank you so much for this video so important most people don't realize a 1% fee wipes out a 25% company match

[getsunova]

Saving 22% on tax, but paying 1-2% on 401k Fees. Yep. Avoid 401k at all cost.

[dorisfraser]

Thanks for clarifying annuities, what is reannuitizing?

[ThinkYourHealth]

Who would have thought there are so many hidden costs, 17!!

[ProfessorTanyaSpeaks]

Such an important topic. People need to understand all of those fees! Thanks for breaking it down to us!! Great citing of these credible sources, too! Thanks for sharing. 🙏🏽

[TonoLatino]

I remember when my husband years ago found out about the fees in our 401K and he almost had a heart attack. Thank you for sharing this important knowledge with others!

[PierceJPeterson]

Great video! 401k fees are often overlooked.

[ortallevitan]

You are truly incredible! Thanks so much for sharing your knowledge 😊 I didn't even know there were fees associated with a 401K

[TrueStature]

Thank you for this information! There is a lot I don't know about 401k!

[skynet]

its the fees compounding that causes the most loss...

[JayFairbrother]

That's my biggest complaint about 401k plans. The administration fees can be really high and a lot of the time the funds you have to choose from have higher expense ratios than you'd want to choose on your own.

[SociallyNessa]

Great video. I am not originally from here so there is a lot I don’t know about 401k

[johngill]

The government and mutual fund companies don't want you to know about 401K fees? But every year they send me a statement completely about this fund fees. I pay .01 more then Vanguard institutional shares plus a fee of $4.74 per quarter

[neliodiaz]

Can you make video showing how to transfer 401k to IUL or Index Annuity? I am a new agent and I have few clients that need help with converting their 401ks

[johngill]

You're going to show me investments that will outperform my 401K with less risk. How can you say that if you don't know what funds I choose and what the future returns of are those funds? Sales pitch anyone

[Motivation]

*GREAT GREAT VIDEO TOPIC! NOT ENOUGH PEOPLE TALK ABOUT IT! SO ESSENTIAL FOR EVERYONE TO KNOW WHO IS PLANNING TO GET 401K!*

[zeeunveil]

Fucking hell, Holy fuck me! I might as well just opt out of 401k and just invest it on my own behalf. No fees and I get to keep all of it. Would you recommend just withdrawing early and take the 30 percent penalty and from there work to invest it on my own behalf and build up from there? please let me know