What is an Expense ratio?
An expense ratio is the annual fee investment funds charge as a percentage of assets, covering operating costs. These fees reduce returns, creating wealth differences through compounding. A Child traditional IRA in funds charging 1.0% versus 0.10% loses $88,000 over 49 years on $21,000 contributions, showing why low-cost funds maximize retirement savings.
Easily save clients thousands in taxes.
Scan client returns.
Uncover savings.
Export a professional tax plan.
.png){kind=small}