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How Fees Affect Your 403(b)
Expenses have a direct and dramatic impact on your earnings. While you can't control the market you can control how much you pay for your investments. The difference of just a few extra percentage points in fees may seem minimal, but over time this seemingly minimal difference can steadily eat into your overall earnings, costing you thousands of dollars. Below is a list of fees that can affect your 403(b) returns, and a chart demonstrating how fees steadily eat away at your 403(b).
How Fees Impact Return
Value after 35 years, assuming $250 contributed monthly with an 8% average annual return:
 
Chart illustrating the effect of fees on investment.
Source: Meridian Wealth Management
Use our 403(b) Savings Calculator to gain a general estimate of future savings growth in your 403(b) or 457(b) account under a variety of assumptions.

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