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401(k) Fees Keep Getting Lower

Published May 16, 2016 at 1:33 PM EDT

Employers are shopping around to find 401(k) plans that mean lower fees for the employees who are saving for retirement. And as a result, management fees have fallen. Here & Now's Robin Young talks with CBS's Jill Schlesinger about what kind of savings a person could amass if their plan — which used to charge 1.25% — lowers their management fee to .25%.

Guest

  • Jill Schlesinger, business analyst with CBS News and host of "Jill on Money." She tweets @jillonmoney.

    • Copyright 2020 NPR. To see more, visit https://www.npr.org.