Tuesday, October 06, 2015

401(k) Improvements

Another TAG blog narow-cast.

The Animation Guild 401(k) Plan has been with Vanguard Mutual Funds for a year and two months, and we're pleased to announce that The Target Date Funds have had their usual level of costs reduced. ...

Instead of the retail fee of 16 or 17 or 18 basis points*, the new tier of charges for Target Date Funds will be dropped to 11 basis points.

* One basis point equals 1/100th of a percent.


Celshader said...

That's a good deal for 839 members. I wonder if Vanguard will ever lower the costs of these already low-cost funds for regular IRA investors, or if this "Costco discount" only applies to large 401(k) plans.

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