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I have a 403b with Merrill Lynch (a 401k for non profits). Merrill Lynch offers a fairly expensive choice of mutual fund investments- most of which have a 5%PLUS load or hefty management fees on what they call "C" funds. Additionally each investment I make is charged a $5.35 "processing fee". Funds without loads are not available- unless you sign up for a plan giving you access to a few with a 2% management fee to Merrill . So they are in business to make a profit. I,personally, am trying to save for retirement.


Problem is this: Fidelity, Vanguard etc do not administer 403bs. But they will accept a "Transfer of Assets" from Merrill Lynch. I just plan to transfer assets from the account (nearly $50,000) to fund families like Fidelity and TRowePrice which have no load funds with reasonable fees. Does this make sense to anyone, everyone?







Should I just continually
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