<prompt> Human: The expense ratios for the funds in my wifes plan are horrendous. The lowest expense ratio of .96 is for the Oppenheimer Cash reserves. Really? Nearly 1 fees to keep my money in reserve?! All the other funds range anywhere from 1.7 to .96. There are no index funds available in this plan, everything looks like a actively managed fund besides the cash reserves.There doesnt seem to be an option to manage a self-directed account so it looks like this is what were stuck with... or is it? Can the wisdom of rpersonalfinance give us advice on where to go from here? She get no company match and she already maxes out her Roth IRA at Vanguard every year, is there any other tax advantaged place she can put her money? Would it be better for her to go for a lazy index portfolio in a taxable brokerage account instead?  <response>: Are you maxing your 401k? If not, just shift your contributions so that you are contributing her portion.You could also look into other tax advantaged non-retirement plan i.e. 529 if appropriate for your future plans.Those expense ratios are bad, but being able to contribute to a tax deferred account outweighs that. Especially since one she leaves since she can roll it over to an IRA and manage it herself. She may be only looking at a few years of those high fees, but she will get a lifetime of deferred taxes out of her contributions. 