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Updated Version of Stop the 401(k) Rip-off
This book is an updated version of Stop the 401(k)rip-off that includes other types of retirement plans like 457 and 403b plans. Other than that and some updated portfolio allocation information, it is basically the same. It is an easy read and actually, the author's writing style is very entertaining considering the topic.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Getting participants informed about excessive fees and conflicts of interest and providing them with easy to execute steps to get their employer to fix their "costly clunker" retirement plan is the only way to help investors make the most out of their retirement plan since the DOL has tabled regulations that would provide participants with full disclosure of fees and conflicts.
This book makes it easy to inform your employer in a positive, non-confrontational approach to avoid sounding like a complainer.
With what the author discloses about conflicts of interest and hidden fee skimming about retirement plans, I'm anxious to get his next book, Stop the Investing Rip-off that supposedly will show the inner workings of rip-off artists from Wall Street brokers, financial planners and advisors, newsletters, discount brokers and even the media.
I might also consider getting his book about retirement plans (The Four Pillars of Retirement Plans) designed for employers, advisors and attorneys as a gift for our benefits manager.