Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
401K mutual fund choices suck for the same reason Cokes cost $4 at the movies- lack of competition. HR depts are reknown for picking awful 401(k) providers. Why don't they just choose Vanguard? Grrrrr....

As mentioned, you can't roll over your 401(k) into an IRA while still employed, with rare exceptions. Hopefully you can switch employers in a few years and then you'll be able to roll over. Most people aren't stuck to one employer forever. You could also quit, roll over, then reapply for the same job!

Can you avoid the sales load on the funds above? If not, I think you're right just to invest the taxable money. If so...OPTFX is the best looking from a fee and turnover standpoint.

Nick
Print the post  

Announcements

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.
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.