Detailed text transcripts for TV channel - MSNBC - 20120530:14:39:00
First know where your money is invested. the fees come from the funds that your money is invested in. make sure you compare those and you may have two funds similar. switch to the one with the low fees. the other thing is if you don't have a company match you want to open an ira outside of your employer. a traditional ira or roth ir skparks then pick very low cost funds like index funds. it's very important to do that. you can also talk to your employer and say offering us ten high fee options is just not working. >> they may not really get it. who knows? we are trying to educate. so you can't...
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