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Nesting fees have gone way up, too.
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In return, Nested charges a fee from 2-42-4percent(plus VAT) depending on how soon you want to receive the advance, and takes a loss if it fails to sell the property for an amount above its initial advance.
In return, Nested charges a fee from 2-42-4percent(plus VAT) depending on how long it thinks it will take to sell your home, and reduces that fee by half if it fails to sell the property for an amount above its initial valuation (something I'm told hasn't needed to happen yet).
Despite higher fees, the investors' nest eggs have been preserved.
Armed with this information, workers can press their employers, and employers can press their service providers, for a better deal that minimizes fees and protects their retirement nest eggs.
Don't let high fees burn a hole in your nest egg.
GAO and the DOL also found that a one-point percentage difference in fees can reduce a worker's retirement nest egg by 17to28percentent over a career.
To top it off, AIG said that many of the employees would have to wait five years to get back their entire nest eggs, with no choice but to keep paying the fees.
(British pensions have to be invested in annuities, which expire on death, and nursing home fees eat up a high proportion of middle-class nest eggs).
Mr Nelson said: "It appears he is also trying to build up a large nest egg of his own: in the world of public speaking, with six-figure fees".
Not only do more managers mean more suits looking for a chunk of your 401(k) money via fees and other expenses, it also means that any clear strategy for your nest egg is diluted.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com