I have a 401k that is with a well known brokerage (Fidelity). All of my 401k funds are invested in mutual funds and bonds. Do I need to sell my mutual funds and bonds before I can roll them over to an annuity? That is, do the funds that are rolled over from a 401k to an annu...
When I was helping manage my company’s 401K plan we chose to pay for all the accounting and operational fees associated with employee accounts with company money. The only fees that participants were charged were the expense ratio fees associated with the investments they elected to purchase with...
In May, 2020, I hit a professional and personal wall. I was working my tail off addressing the challenges COVID created for my organization. There were deep and rancorous divisions of opinion about the best ways to manage the business. I figured that I was being paid for my brain. But ...
Execution & Fund Research: Vanguard and Fidelity: “There are pros and cons to both, but as you accumulate more and more wealth, it’s helpful to have your investments in a [minimum] of two providers so that you are more protected via regulations.” ...
Bettermentalso gives you the option to automatically meet the IRS’ maximum contribution, adjusting your monthly investments if the limit changes. Betterment does charge a fee to manage your account, between .25% and .40%. Those fees may actually work in your favor in comparison to the flat ...
Since we started investing, there has been a fee war among the major brokerages. Our IPS statement about using Vanguard funds exclusively is no longer relevant. There are now lower fee funds with Schwab and/or Fidelity. The difference in fees is not significant enough to warrant the effort ...