I'm Jacki Lyden and this is TELL ME MORE from NPR News. Michel Martin is away this week. Coming up, in a season when many people hope to do a little spring cleaning on their personal finances, we'll talk about taking a peek at your 401K and just how much you might be paying in so-called maintenance fees.
First, though, as the presidential primaries kick into high gear, more candidates are talking about faith and some are bringing up Islam, in particular.
And now to matters of personal finance. How much do you pay to maintain your 401(k)? The question may seem trivial, but according to the AARP, the average American has no idea how much they pay in management fees for that retirement fund or that they're even paying management fees at all.
It's estimated, though, that brokers and banks make anywhere from $30 billion to $60 billion a year in 401(k) fees. That's led to an outcry by some consumer advocates who say there needs to be more disclosure about why banks charge for this service.
Jasmin Darznik left Iran as a child, knowing very little about her family's past. Years later, she found a photograph of her mother as a child-bride with a groom who was not Darznik's father. That starts a long journey of discovery that she chronicles in her book The Good Daughter. Darznik discusses her book with guest host Jacki Lyden.
Originally published on Wed March 28, 2012 11:51 am
Update at 12:08 p.m. ET. Everyone Had A Hard Go Of It Today:
NPR's legal correspondent Nina Totenberg tells Ari Shapiro that both sides had a tough go of it today.
During the final day of arguments, Supreme Court justices seemed split on the idea of striking the entire Patient Protection and Affordable Care Act, if its the "individual mandate" centerpiece was also found unconstitutional.