No. of Recommendations: 0
Hi All.

It's been a while. My husband and I both have Roths at Vanguard. They are both in Target Funds. (I'm wondering if we should think about VTSMX instead, but that's the auxiliary question here.)

We have a brokerage account at Scottrade, which we are very happy with. Our main checking account is at what is now CapOne360, but I went there because it was ING which was bought.

I'm happy at all three places, and I know that I shouldn't try to fix what's not broken, but I'm going to through something out there for opinions, in an effort to simplify my life.

I'm considering transferring our Roth IRAs to our Joint Brokerage account at Scottrade, (they charge no fees) for the simple reason that they would be all in one place and I could access them all together. (I *think* I would also be able to access my husband's Roth which is a hassle now because they need to be two different sign ins, and I do all the finances.)

I'm also considering opening up a checking account there, at Scottrade, not to muddy the waters, but to see how I like it in case I'd ever like to move away from CapOne, (since we traditionally don't like using behemoths like that and not sure where they will go as they more and more engulf ING.)

What do you think of this kind of consolidation of Roth accounts? Am I simplifying, or just making things more complicated?

Thanks in advance,
Caat
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement