Andrew Meadows, Consumer Brand Ambassador for The Online 401(k) and #Coolest401kGuy talked with Liam Fox of MainStreet.com about growing skepticism around the 401(k) industry and the extreme management fees associated with them.
Some of the key points that Andrew made, were the following:
- Know your plan and plan’s fees, and gain a basic understanding of investments and risk
- Determine a plan that meets your goals
- Participate in your plan!