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A Sucker Is Born Every Minute. FeeX Wants To Make Sure Your Bank Doesn’t Treat You Like One
Oct 2, 2013
By: Ben Schiller
Uri Levine cashed in when Google bought his startup Waze, which helps drivers crowdsource their way around traffic jams. Now he wants to use similar ideas to tackle the unfair fees in retirement savings plans.
Planning for retirement is expensive. The average two-income American family pays as much as $155,000 in 401k fees. And, even more shockingly, perhaps, most people have no idea how much they’re spending. Seven in ten plan participants believe they pay nothing at all, according to an AARP survey….read more