I pay $2,164 a year in retirement account fees – one month’s worth of contributions – should I leave one of the plans for an IRA instead?

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I pay $2,164 a year in retirement account fees – one month’s worth of contributions – should I leave one of the plans for an IRA instead?
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Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com

I’m 44, married and have a small family. I have been working a government job for 15 years. I make approximately $41,000 take home per year after all deductions and savings.

I can’t dive too deeply into your personal situation, especially since I do not have the specifics of your retirement plans in front of me, but you ask an interesting question, and one I know others have wondered too.

Check out MarketWatch’s column “Retirement Hacks” for actionable pieces of advice for your own retirement savings journey

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