12 Feb

Fidelity Channels Their Inner Frank Zappa

Should you really have to pay extra to have a certain fund family available in your 401(k) plan menu?  Fidelity, the country’s largest 401(k) plan recordkeeper apparently thinks so, based on their recent announcement that all new recordkeeping clients must pay an additional five basis points (.05%) on any assets invested in a Vanguard fund.  Fidelity

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