>>20147187So I have a 401k through my work but they administer it through some noname company and all their fund options look like total trash with fucked allocations and shit. I legit think they're fee scamming me and my employer. What can I do, if anything?
I asked if there were any other fund options than what they presented, like.if I could just put my whole account value into SPY or something and they said no.
Do I have any recourse or am I just fucked and at their mercy?
Man 401ks managed by someone else seem like such a total scam. It's pretty upsetting. I feel like boomers and retards allowed massive rules to be imposed that basically fuck me over out of any chance of retirement.
Maybe I'll take out a 401k secured loan and fuck around in my own brokerage with it, idk. Seems risky but idk what else to do. Can't imagine how confusing that would make taxes, though. Does the loan count as income since I'm borrowing from myself?
