I recently went to a financial planner and rolled over my 401k into a regular IRA(IDEX mutual funds). At the same time I started a ROTH ira with Investment company of america. Now, I want to roll over my regular IRA into a roth. However, since I have been researching more on the internet, I find that the load on the Investment company of America is 5.75%.. I dont know if I should put the money from the regular IRA into ICA.The thing they have going for them is being in business for over 60 years and guaranteed returns.. I dont know what I should do..Does it sound like Im getting ripped here?? There was a load on IDEX mutual funds as well..
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