thinkadvisor.com

Error

An error occurred while fetching the data.

Error details: Error: The field at path '/trendingArticles/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content': {"response":{"errors":[{"message":"The field at path '/trendingArticles/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content'","path":["trendingArticles","contents",5,"uri"],"extensions":{"classification":"NullValueInNonNullableField"}},{"message":"The field at path '/readnext/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content'","path":["readnext","contents",5,"uri"],"extensions":{"classification":"NullValueInNonNullableField"}}],"data":{"slideshow":{"name":"Slideshow","tieredName":["Slideshow"],"description":"","page":1,"estimate":2785,"h1":"","metaTitle":"","metaDescription":"","pageSize":3,"contents":[{"publication":"ThinkAdvisor","baseDomain":"www.thinkadvisor.com","presentedBy":"","uri":"/2024/11/06/how-8-state-tax-ballot-questions-did-in-the-polls/","title":"How 8 State Tax Ballot Questions Did in the Polls","byline":"Michael S. Fischer","kicker":"Slideshow","timeToRead":"1 minute","authors":[{"name":"Michael S. Fischer","webUrl":"/author/profile/michael-s-fischer/"}],"kickerNode":[{"uri":"/slideshow/","sectionName":"Slideshow"}],"categories":[{"channelName":"Kicker","sectionName":"Slideshow","slug":"slideshow-kicker","channelUri":null},{"channelName":"Portfolio|Economy & Markets","sectionName":"Fixed Income","slug":"fixed-income","channelUri":null},{"channelName":"Portfolio|Portfolio Construction","sectionName":"Investment Strategies","slug":"investment-strategies","channelUri":null}],"prettyDate":"November 06, 2024","pubDate":"2024-11-06 13:47:32.000","readtime":"1","primaryCategory":{"channelName":"Financial Planning","sectionName":"Tax Planning","uri":"financial-planning/tax-planning"},"image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2021/03/Uncle_Sam_Tax_Money_Shutter_640x640.jpg","width":"640","height":"640"},"summary":"Voters made decisions on property, sales income and capital gains taxes.","breadcrumb":[{"name":"Financial Planning","uri":"financial-planning"},{"name":"Tax Planning","uri":"financial-planning/tax-planning"}]},{"publication":"ThinkAdvisor","baseDomain":"www.thinkadvisor.com","presentedBy":"","uri":"/2024/11/06/12-most-livable-midsize-u-s-cities-2024/","title":"12 Most Livable Midsize U.S. Cities: 2024","byline":"Michael S. Fischer","kicker":"Slideshow","timeToRead":"1 minute","authors":[{"name":"Michael S. Fischer","webUrl":"/author/profile/michael-s-fischer/"}],"kickerNode":[{"uri":"/slideshow/","sectionName":"Slideshow"}],"categories":[{"channelName":"Kicker","sectionName":"Slideshow","slug":"slideshow-kicker","channelUri":null},{"channelName":"Portfolio|Alternative Investments","sectionName":"Real Estate","slug":"real-estate-portfolio-alternative-investments","channelUri":null},{"channelName":"Portfolio|Economy & Markets","sectionName":"Economic Trends","slug":"economic-trends","channelUri":null},{"channelName":"Retirement Planning|Spending in Retirement","sectionName":"Lifestyle Planning","slug":"lifestyle-planning","channelUri":null}],"prettyDate":"November 06, 2024","pubDate":"2024-11-06 11:49:06.000","readtime":"1","primaryCategory":{"channelName":"Retirement Planning|Spending in Retirement","sectionName":"Lifestyle Planning","uri":"retirement/spending/lifestyle-planning"},"image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2023/09/Happy_Senior_Couple_City_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"For communities with populations between 25,000 and 99,999, AARP assessed such areas as housing, neighborhood, transportation and engagement.","breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Spending in Retirement","uri":"retirement/spending"},{"name":"Lifestyle Planning","uri":"retirement/spending/lifestyle-planning"}]},{"publication":"ThinkAdvisor","baseDomain":"www.thinkadvisor.com","presentedBy":"","uri":"/2024/11/05/top-15-cities-for-the-ultra-wealthy-2024/","title":"Top 15 Cities for the Ultra-Wealthy: 2024","byline":"Michael S. Fischer","kicker":"Slideshow","timeToRead":"3 minute","authors":[{"name":"Michael S. Fischer","webUrl":"/author/profile/michael-s-fischer/"}],"kickerNode":[{"uri":"/slideshow/","sectionName":"Slideshow"}],"categories":[{"channelName":"Kicker","sectionName":"Slideshow","slug":"slideshow-kicker","channelUri":null},{"channelName":"Portfolio|Economy & Markets","sectionName":"Economic Trends","slug":"economic-trends","channelUri":null}],"prettyDate":"November 05, 2024","pubDate":"2024-11-05 12:20:10.000","readtime":"3","primaryCategory":{"channelName":"Portfolio|Economy & Markets","sectionName":"Economic Trends","uri":"investment-portfolio/economy-markets/economic-trends"},"image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/07/Wealthy_Couple_Balcony_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"The club of individuals with liquid investable assets of $100 million has grown by 54% over the decade.","breadcrumb":[{"name":"Portfolio","uri":"investment-portfolio"},{"name":"Economic Trends","uri":"investment-portfolio/economy-markets/economic-trends"}]}]},"articleData":{"uri":"/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs-passive/","canonicalUrl":"https://www.thinkadvisor.com/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs-passive/","generatedId":"hei45fifdl","naturalId":"blogAndPostId/blog/post/415-25208","type":"ARTICLE","postFormat":"standard","kickerPresentedBy":null,"breadcrumb":[{"name":"Portfolio","uri":"investment-portfolio"},{"name":"Mutual Funds","uri":"investment-portfolio/mutual-funds"},{"name":"Bond Funds","uri":"investment-portfolio/mutual-funds/bond-funds"}],"presentedBy":"","title":"Surprise! Fees Not Reason Active Investing Loses vs. Passive","readtime":"5","timeToRead":"5 minute","prettyModified":"","prettyDateTime":"August 06, 2015 at 11:15 AM","needToKnow":[],"byline":"Bernice Napach","showDisclaimer":true,"authors":[{"name":"Bernice Napach","description":"Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine.\r\n\r\nBernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.","imageLarge":"//images.benefitspro.com/contrib/content/uploads/2018/03/Bernice-Napach_avatar_1520401978-136x136.jpg","webUrl":"/author/profile/bernice-napach/"}],"publication":"ThinkAdvisor","kicker":"","kickerNode":[],"prettyDate":"August 06, 2015","pubDate":"2015-08-06 11:15:00.000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"Portfolio|Mutual Funds","sectionName":"Bond Funds","name":"Bond Funds","uri":"investment-portfolio/mutual-funds/bond-funds","slug":"bond-funds","channelUri":null},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"Researchers from S&P Capital IQ and S&P Dow Jones Indices found some surprising data on fees, returns, bear markets and more.","categories":[{"name":"Bond Funds","uri":"/investment-portfolio/mutual-funds/bond-funds/","channelName":"Portfolio|Mutual Funds"}],"bodyArray":["As the ongoing debate between active and passive management continues with no end in sight, advisors may want to consider these findings from S&P Capital IQ and S&P Dow Jones Indices that dispel some popular investment beliefs. They were presented in a webinar this week hosted by Todd Rosenbluth, director of ETF Research at S&P Capital IQ, and Aye Soe, senior director of global research and design at S&P Dow Jones Indices.","Fees Don't Matter That Much for Actively Managed Equity Funds","S&P Dow Jones Indices found that after fees the majority of actively managed funds in all major categories underperformed their respective benchmarks over the 10 years ended Dec. 31, 2014. Even when fees were added back into the calculation, only one category – large-cap value funds – saw the majority of funds beating their benchmark, but the difference wasn't that great. Just 53% of actively managed large-cap value funds beat their benchmark then. Net of fees, only 41% of large-cap value funds outperformed.","<div class=\"paywall-content\">\"Fees don't really play a big role at all,\" said Soe, about the performance of actively managed equity funds.","In all, S&P studied nine categories of equity funds – growth, core and value for large-cap, mid-cap and small-cap funds. Excluding large-cap value, only 8% to 16% of actively managed equity funds beat their benchmarks after fees; 23% to 49% outperformed when fees were not considered in the calculation.","Fees Do Matter for Actively Managed Bond Funds","Actively managed bond funds fare better than their equity counterparts when gauging performance against their benchmarks, whether fees are included or excluded in the comparisons.","S&P studied 11 categories of bond funds: short, intermediate and long government and investment-grade bond funds plus high-yield, mortgage-backed, global, emerging market and muni funds. In only two categories did the majority of funds beat their benchmarks, and again the gap was narrow. Net of fees just 51% of intermediate bond funds and 53% of global income funds outperformed their benchmarks.","When fees were not considered in the calculation – in other words, added back in – the majority of funds in eight of 11 categories beat their benchmarks, sometimes by big margins. Emerging market debt funds led, with 81% outperforming their benchmark, followed by muni bond funds (65%), global income funds and intermediate investment grade (64% each).","\"In fixed income the excess return the manager is generating often is being eaten up by fees,\" said Soe.","Active Management Doesn't Often Pay Off in Small-Cap and High-Yield Funds","It's conventional market wisdom that active management makes a difference in the performance of small-cap and high-yield bond funds. These sectors are considered less efficient than others so that portfolio managers have a greater ability to exploit those inefficiencies and earn bigger profits.","No so, according to the S&P researchers. \"We found that 80% to 90% of actively managed small-cap funds have underperformed the benchmark …. [and] high-yield bond managers … repeatedly fail time after time to beat the index,\" said Soe.","Over the 10 years ended Dec. 31, 2014, less than 14% of actively managed small-cap funds – in growth, core or value – beat their respective benchmarks, and just 7% of actively managed high yield funds did, according to S&P. Actively Managed Funds Aren't a Panacea in Bear Markets","Investors not surprisingly may believe that actively managed stock funds can be a refuge in down markets because they have an opportunity to outperform, whereas index funds by their very nature cannot. But during the bear markets in 2000-'02 and in 2008, that was not the case. The majority of actively managed funds in all categories except large-cap value underperformed their benchmarks. In other words, they lost more money than the market did.","Among large-cap value funds, 64% beat their benchmark during the 2000-'02 bear market, and 78% beat the index in 2008.","Past Isn't Prologue","There are, of course, actively managed funds that beat their benchmarks and many of their peers at times, but can they sustain their outperformance? Many advisors and investors know that's not likely, but they may be surprised by the data. The S&P researchers looked at the performance of actively managed domestic equity funds in the top quartile for the five years ended March 2011 and for the five years that followed, ended March 2015. They found that at best only 1% of multi-cap funds remained in the top quartile for the five years ended March 2015. None of the funds in the other categories — small-, mid-cap and large-cap — beat their benchmarks the second time around.","Rosenbluth concluded that S&P is \"not saying you shouldn't use actively managed funds within your portfolio, but you certainly need to be aware of the challenges that they face versus a benchmark and the challenges they face in consistently performing well….If you can find a fund that has consistently performed well with less volatility and a lower expense ratio, you're at least ahead of the game starting out.\"","— Related on ThinkAdvisor: <ul> <li><a href=\"http://www.thinkadvisor.com/2015/05/29/advisors-still-favor-active-management-but-prefere\">Advisors Still Favor Active Management, but Preferences Are Shifting: Practical Perspectives</a></li> <li><a href=\"http://www.thinkadvisor.com/2015/06/25/morningstar-panelists-agree-on-active-vs-passive-i\">Morningstar Panelists Agree: On Active vs. Passive, It's Not Either-Or</a></li> <li><a href=\"http://www.thinkadvisor.com/2014/06/24/the-rise-of-actively-managed-etfs\">The Rise of Actively Managed ETFs</a></li> </ul> </div>"],"slides":[],"video":null},"articlePackages":[],"trendingArticles":{"contents":[{"uri":"/2024/11/01/irs-sets-401k-ira-contribution-limits-for-2025/","title":"IRS Sets 401(k), IRA Contribution Limits for 2025","byline":"Melanie Waddell","summary":"The tax authority also announced changes to catch-up contributions tied to Secure 2.0.","prettyDate":"November 01, 2024","kicker":"News","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2023/11/Retirement_Roth_IRA_401K_Shutter_640x640-1.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Saving for Retirement","uri":"retirement/saving"},{"name":"401(k) Plans","uri":"retirement/saving/401k-plans"}],"primaryCategory":{"name":"401(k) Plans","uri":"retirement/saving/401k-plans","channelName":"Retirement Planning|Saving for Retirement","channelUri":null}},{"uri":"/2024/10/30/fidelity-sued-over-money-market-fund-fees/","title":"Fidelity Sued Over Money Market Fund Fees","byline":"Dinah Wisenberg Brin","summary":"\"Retail class\" shareholders who meet requirements for premium shares are being overcharged needlessly, the suit contends.","prettyDate":"October 30, 2024","kicker":"News","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/06/17_Fidelity_Investments_Sign_Shutter_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Regulation and Compliance","uri":"regulation-compliance"},{"name":"Litigation","uri":"regulation-compliance/litigation"}],"primaryCategory":{"name":"Litigation","uri":"regulation-compliance/litigation","channelName":"Regulation and Compliance","channelUri":null}},{"uri":"/2024/11/04/jeremy-siegel-what-election-results-could-mean-for-stocks-bonds/","title":"Jeremy Siegel: What Election Results Could Mean for Stocks, Bonds","byline":"Dinah Wisenberg Brin","summary":"Here's what the economist expects if Democrats or Republicans sweep the election.","prettyDate":"November 04, 2024","kicker":"News","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/09/Jeremy-Siegel_2024_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Portfolio","uri":"investment-portfolio"}],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":null}},{"uri":"/2024/11/06/what-trumps-win-means-for-estate-tax-planning/","title":"What Trump's Win Means for Estate Tax Planning","byline":"John Manganaro","summary":"One tax expert from Kitces.com says it's now quite likely that the current estate tax exemption will be extended.","prettyDate":"November 06, 2024","kicker":"Analysis","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/08/Donald_Trump2_2024_BB_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Financial Planning","uri":"financial-planning"},{"name":"Trusts and Estates","uri":"financial-planning/trusts-estates"}],"primaryCategory":{"name":"Trusts and Estates","uri":"financial-planning/trusts-estates","channelName":"Financial Planning","channelUri":null}},{"uri":"/2024/11/05/how-much-does-the-frequency-of-retirement-withdrawals-matter/","title":"How Much Does the Frequency of Retirement Withdrawals Matter?","byline":"John Manganaro","summary":"A recent research paper offers up some unexpected results regarding the best ways to manage retirement income.","prettyDate":"November 05, 2024","kicker":"Analysis","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/05/07_Withdrawal_Upside_Down_Piggy_Bank_Adobe_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Spending in Retirement","uri":"retirement/spending"},{"name":"Income Planning","uri":"retirement/spending/income-planning"}],"primaryCategory":{"name":"Income Planning","uri":"retirement/spending/income-planning","channelName":"Retirement Planning|Spending in Retirement","channelUri":null}},null]},"youmightlike":[{"uri":"/2024/10/18/11-top-bond-index-funds-in-2024-morningstar/","title":"11 Best Bond Index Funds in 2024: Morningstar","byline":"Michael S. Fischer","prettyDate":"October 18, 2024","readtime":"1","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/07/04_Interest_Percent_Up_Down_Arrow_Adobe_640x640-1.jpg","width":"640","height":"640"},"summary":"Analysts have given them their highest medalist rating and think they will outperform in a full market cycle."},{"uri":"/2024/10/03/fidelity-plans-latest-mutual-fund-to-etf-flip/","title":"Fidelity Plans Latest Mutual Fund-to-ETF Flip","byline":"Amanda Albright","prettyDate":"October 03, 2024","readtime":"2","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/09/13_Fidelity_Investments_Sign_Shutter_640x640.jpg","width":"640","height":"640"},"summary":"The two municipal bond funds are expected to be converted next year, according to two separate regulatory filings."},{"uri":"/2024/08/21/how-to-help-clients-navigate-bonds-before-rate-cuts/","title":"How to Help Clients Navigate Bonds Before Rate Cuts","byline":"Roger Wohlner","prettyDate":"August 21, 2024","readtime":"6","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/04/07_Interest_Money_Percent_Puzzle_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"As bond values rise, advisors should consider the tax impact of any sales, which often are best done within IRAs or 401(k) plans."},{"uri":"/2024/04/18/treasuries-hit-as-hawkish-fed-views-keep-piling-up/","title":"Treasurys Hit as Hawkish Fed Views Keep Piling Up","byline":"Rita Nazareth","prettyDate":"April 18, 2024","readtime":"4","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2022/03/03_Businessman_Stocks_Charts_Numbers_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"Could the Fed hike? Fed Bank of New York President John Williams says that it's possible, if warranted."},{"uri":"/2024/02/13/bond-investing-in-2024-everything-for-advisors-to-know/","title":"Advising Clients on Bonds: Everything to Know in 2024","byline":"Roger Wohlner","prettyDate":"February 13, 2024","readtime":"6","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/02/Interest_Percent_Up_Down_Arrow_Adobe_640x640.jpg","width":"640","height":"640"},"summary":"Here's where the bond market appears to be headed and how to help clients build a solid strategy."},{"uri":"/2024/01/31/fed-holds-rates-steady-inches-closer-to-cutting-in-future/","title":"Fed Holds Rates Steady, Inches Closer to Cutting in Future","byline":"Rich Miller","prettyDate":"January 31, 2024","readtime":"5","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2023/11/Jerome-Powell_2023_BB_640x640.jpg","width":"640","height":"640"},"summary":"The decision to leave the target range for the benchmark rate unchanged at a 22-year high of 5.25% to 5.5% was unanimous."}],"readnext":{"contents":[{"uri":"/2024/11/04/jeremy-siegel-what-election-results-could-mean-for-stocks-bonds/","title":"Jeremy Siegel: What Election Results Could Mean for Stocks, Bonds","byline":"Dinah Wisenberg Brin","summary":"Here's what the economist expects if Democrats or Republicans sweep the election.","prettyDate":"November 04, 2024","kicker":"News","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/09/Jeremy-Siegel_2024_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Portfolio","uri":"investment-portfolio"}],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":null}},{"uri":"/2024/11/06/what-trumps-win-means-for-estate-tax-planning/","title":"What Trump's Win Means for Estate Tax Planning","byline":"John Manganaro","summary":"One tax expert from Kitces.com says it's now quite likely that the current estate tax exemption will be extended.","prettyDate":"November 06, 2024","kicker":"Analysis","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/08/Donald_Trump2_2024_BB_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Financial Planning","uri":"financial-planning"},{"name":"Trusts and Estates","uri":"financial-planning/trusts-estates"}],"primaryCategory":{"name":"Trusts and Estates","uri":"financial-planning/trusts-estates","channelName":"Financial Planning","channelUri":null}},{"uri":"/2024/11/01/irs-sets-401k-ira-contribution-limits-for-2025/","title":"IRS Sets 401(k), IRA Contribution Limits for 2025","byline":"Melanie Waddell","summary":"The tax authority also announced changes to catch-up contributions tied to Secure 2.0.","prettyDate":"November 01, 2024","kicker":"News","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2023/11/Retirement_Roth_IRA_401K_Shutter_640x640-1.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Saving for Retirement","uri":"retirement/saving"},{"name":"401(k) Plans","uri":"retirement/saving/401k-plans"}],"primaryCategory":{"name":"401(k) Plans","uri":"retirement/saving/401k-plans","channelName":"Retirement Planning|Saving for Retirement","channelUri":null}},{"uri":"/2024/11/05/how-much-does-the-frequency-of-retirement-withdrawals-matter/","title":"How Much Does the Frequency of Retirement Withdrawals Matter?","byline":"John Manganaro","summary":"A recent research paper offers up some unexpected results regarding the best ways to manage retirement income.","prettyDate":"November 05, 2024","kicker":"Analysis","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/05/07_Withdrawal_Upside_Down_Piggy_Bank_Adobe_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Retirement Planning","uri":"retirement"},{"name":"Spending in Retirement","uri":"retirement/spending"},{"name":"Income Planning","uri":"retirement/spending/income-planning"}],"primaryCategory":{"name":"Income Planning","uri":"retirement/spending/income-planning","channelName":"Retirement Planning|Spending in Retirement","channelUri":null}},{"uri":"/2024/11/05/15-new-retirement-tax-numbers-to-know-for-2025/","title":"15 New Retirement, Tax Numbers to Know for 2025","byline":"John Manganaro","summary":"The IRS has increased key thresholds tied to 401(k)s, IRAs, income, estate and gift taxes.","prettyDate":"November 05, 2024","kicker":"Slideshow","image":{"uri":"https://images.thinkadvisor.com/contrib/content/uploads/sites/415/2024/09/Tax_Magnifying_Glass_Adobe_640x640.jpg","width":"640","height":"640"},"breadcrumb":[{"name":"Financial Planning","uri":"financial-planning"},{"name":"Tax Planning","uri":"financial-planning/tax-planning"},{"name":"IRS Updates","uri":"financial-planning/tax-planning/irs-updates"}],"primaryCategory":{"name":"IRS Updates","uri":"financial-planning/tax-planning/irs-updates","channelName":"Financial Planning|Tax Planning","channelUri":null}},null]}},"extensions":{"DateTime":"2024-11-07T07:58:53.958612567","ResponseTime":"?","AuthorizedUser":false,"AlmContext":"AlmContext{clientIP='10.0.253.254', internalIP='true', origin='', authorizedUser='false', Chinchilla, userAccount='null', UCID=null, ipAccount='null'}","NavServiceResponse":{"message":"Redirecting to uriv2","action":"redirect","data":"/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs-passive/","placResultsPublic":null},"DebuggingData":"Input=(term: \"slideshow\", site: \"www.thinkadvisor.com\", pageSize: 3, page: 1)","UsedCache":"true","DataUrl":"http://ml.alm.com:9016/bff-services/content/get-you-may-like-for-content.xqy?naturalId=/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs/&site=www.thinkadvisor.com&total="},"status":200,"headers":{}},"request":{"query":"\n####\n####\n# QUERY\n# ROUTE:/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs/\n####\n\n\nquery ThinkAdvisor__view_article_no_sitedir{slideshow:\n getContentStream(term: \"slideshow\", site: \"thinkadvisor.com\", pageSize: 3, page: 1, sort: \"\", direction: \"\") {\n name\n tieredName \n description\n page\n estimate\n h1\n metaTitle\n metaDescription\n pageSize\n contents {\n publication\n baseDomain\n presentedBy\n uri\n title\n byline\n kicker\n timeToRead\n authors {\n name\n webUrl\n }\n kickerNode {\n uri\n sectionName\n }\n categories{\n channelName\n sectionName\n slug\n channelUri\n }\n prettyDate\n pubDate \n readtime \n primaryCategory {\n channelName,\n sectionName,\n uri,\n }\n image {\n uri\n width\n height\n }\n summary\n breadcrumb {\n name\n uri\n }\n }\n }\n articleData:\n getContent(naturalId: \"/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs/\", site:\"thinkadvisor.com\") {\n uri\n canonicalUrl\n generatedId\n naturalId\n type\n postFormat\n kickerPresentedBy {\n \t\t label\n \t\t value\n \t\t}\n breadcrumb{\n name\n \t\turi\n }\n presentedBy\n title\n readtime\n timeToRead\n prettyModified\n prettyDateTime\n needToKnow\n byline\n showDisclaimer\n authors {\n name\n description\n imageLarge\n webUrl\n }\n publication\n kicker\n kickerNode {\n name\n slug\n uri\n sectionName\n }\n prettyDate\n prettyDateTime\n pubDate\n modifiedDate\n isDownload\n primaryCategory {\n channelName\n sectionName\n name\n uri\n slug\n channelUri\n }\n tags\n image {\n uri\n width\n height\n alt\n }\n embed1\n embed2\n summary\n categories {\n name\n uri\n channelName\n }\n bodyArray\n slides {\n title\n image\n caption\n height\n width\n }\n video\n\n }\n articlePackages:\n getPackagesForArticle(docId: \"/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs/\", limit: 3, publication:\"thinkadvisor.com\") {\n title \n slug\n type \n summary\n cssFile\n navigations {\n name\n link\n }\n articles {\n title\n kicker\n uri\n image {\n uri\n }\n }\n\n \n }\n trendingArticles:\n getStatsList(site:\"thinkadvisor.com\", topic: \"\", limit: 5, timeframe: \"4days\" ) {\n contents {\n uri\n title\n byline\n summary\n prettyDate\n kicker\n image {\n uri\n width\n height\n }\n breadcrumb{\n name\n \t\turi\n }\n primaryCategory {\n name\n uri\n channelName\n channelUri\n }\n breadcrumb {\n name\n uri\n }\n }\n\n }\n youmightlike:\n getYouMayLikeForContent(naturalId: \"/2015/08/06/surprise-fees-not-reason-active-investing-loses-vs/\", site:\"thinkadvisor.com\") {\n uri\n title\n byline\n prettyDate\n readtime\n image {\n uri\n width\n height\n }\n summary\n }\n readnext:\n getStatsList(site:\"thinkadvisor.com\", topic: \"\", limit: 5, timeframe: \"3days\" ) {\n contents {\n uri\n title\n byline\n summary\n prettyDate\n kicker\n image {\n uri\n width\n height\n }\n breadcrumb{\n name\n \t\turi\n }\n primaryCategory {\n name\n uri\n channelName\n channelUri\n }\n breadcrumb {\n name\n uri\n }\n }\n\n }\n }"}}

Go Home