Here are the main market moments that our analysts talked about.
1) Fees are falling, fees are falling!
https://twitter.com/MstarETFUS/status/1430524486173052930
Fund investors saved $ 6.2 billion in 2020. How? Fund fees are cheap and seem to be getting cheaper thanks to investors switching to cheap funds. In Morningstar annual fee study,, Ben Johnson take a closer look at this trend.
2) Slott says … Push the Roth IRA to its limits
https://twitter.com/christine_benz/status/1428367192790233098
Heavy high-income savers can outperform their Roth IRAs with contributions of 401 (k) after tax through something called a “mega rear Roth IRA”. Before you run to the back door, you have to cross several obstacles. Ed Slott sat down with Christine Benz to show her how this strategy works.
3) Cheaper alternative to annuities
https://twitter.com/AronSzapiro/status/1428379205121855489
Annuities have long diminished the fear of retirees who fear they will outlive their assets. So why don’t more Americans buy this product? They are complex and can be expensive. However, there is another possibility: tontines. Jasmin Sethi writes about how the once popular product goes back to 1905.
Stay up to date with @MorningstarInc and our analysts:
Ben Johnson, Director of Global ETF Research: @MstarETFUS
Christine Benz, Director of Personal Finance: @christine_benz
Aaron sapiro, Head of Policy Research: @AronSzapiro
