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High fees eroding many 401(k) retirement accounts

Written By Unknown on Sabtu, 12 April 2014 | 23.55

WASHINGTON — It's the silent enemy in our retirement accounts: High fees. And now a new study finds that the typical 401(k) fees — adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker's account over a four-decade...
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Oil pipe leak blamed for tainted water in China

BEIJING — An oil pipe leak caused excessive levels of the toxic chemical benzene in a major Chinese city's water supply, prompting warnings against drinking from the tap and sending residents to queue up to buy bottled water. The scare, which has affected...
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A guide through the complexities of 401(k) fees

Where to find the fees charged by your 401(k) retirement funds? "Sorry to say there isn't an easy answer to where to find all expenses on retirement accounts, which is definitely part of the problem," says Jennifer Erickson, co-author of a new study...
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Cape Wind powers up website

A month after a federal judge upheld the Interior Department's approval of the project, Cape Wind yesterday launched a new website — a sleek advertisement for its planned, 130-turbine offshore wind farm, with little mention of the controversy that has...
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Indie games can level up at PAX East

PAX East is a veritable wonderland for gaming fanatics that also gives local independent developers a chance to showcase their video games alongside industry giants. The three-day extravaganza pulled into the Boston Convention and Exhibition Center...
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VW Tiguan a tiger in crossover class

Mini SUV or maxi hatchback, the 2014 VW Tiguan 4motion fits both descriptions. I found this spirited, four-door utility vehicle a fun and easy car to drive, particularly to park. The quick and tight turning radius and squared-off front and rear make...
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PAX East: Xbox One, Ubisoft, Riot booths stand out

Xbox One and Riot Games had the most eye-catching booths at PAX East yesterday as the gaming convention kicked into high gear. Ubisoft was another attention grabber and I'm hoping to see more from Blizzard this weekend with the release of the new expansion...
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Obama reiterates call for equal pay for women

WASHINGTON — President Barack Obama is making his case for equal pay for women — a leading election-year issue for Democrats. Obama says in his weekly radio and Internet address that it's an embarrassment that women earn less than men even in the same...
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'Obamacare' under attack at conservative gathering

MANCHESTER, N.H. — President Barack Obama's health care overhaul is coming under renewed attack as some of the nation's leading conservatives gather in New Hampshire for a summit that some consider the unofficial kickoff for the state's 2016 presidential...
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Video: Did HHS Secretary Kathleen Sebelius resign due to Daily Show interview?

Photo by:  The Associated Press President Barack Obama and his nominee to become Health and Human Services secretary, Budget Director Sylvia Mathews Burwell, right, listen as outgoing HHS Secretary Kathleen Sebelius speaks in the Rose Garden...
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