A recent study shows that 401(k) holders can significantly benefit if they simply ask for help, or even just take advantage of services they already have access to. According to the study, getting assistance with their 401(k) provided account holders an annual return that was 3% higher than their counterparts that did not ask for help with their plans. The study also showed that many employers offer assistance for the 401(k) accounts they provide to their employees.
See Ashlea Ebeling, Does Your 401(k) Need Help?, Forbes, May 13, 2014
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.
