Understanding the Terms to Evaluate your 401(k)

April 10, 2018 by Main Street Coalition

Studies show that most Americans are concerned that their savings won’t be enough when it comes time for retirement. Simply encouraging Americans to invest more in 401(k)s, isn’t enough to address this issue. It’s important to foster an understanding of the retirement investing space so that Main Street investors can better evaluate their plans and options. We have outlined some basics terms of retirement investing:

Main Street investors need to understand these terms so they understand their disclosure forms and performance statements. Only through a regular reviews of the terms, fees and forms can American investors effectively advocate for themselves and, more importantly, ensure that their retirement investments are being properly managed.

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