401(k) Plan Fees - Pension Maxima Investment Advisory

In this episode, Bonnie Yam provides an introduction and comprehensive overview of retirement plan fees, emphasizing their significance in managing a healthy retirement plan. The discussion explores the various factors and components that make up these fees and underscores the importance of evaluating them regularly. Listeners gain insights into how to obtain and interpret a plan fee report, crucial for informed decision-making. The episode also highlights the vital role a financial adviser plays in managing retirement plans effectively. The conversation wraps up with a conclusion and a call to action for listeners to take charge of their retirement planning.

(0:00) Introduction and Overview of Retirement Plan Fees
(1:24) Factors and Composition of Plan Fees
(3:47) Evaluating Plan Fees and Their Importance
(5:19) Obtaining and Understanding the Plan Fee Report
(6:16) The Role of a Financial Adviser in Managing Retirement Plans
(6:33) Conclusion and Call to Action