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I don't follow the logic behind your recommendation. I would still be paying fees were I to shift my IRA accounts to a mutual fund. In addition, such a move would increase my Federal and State income tax liability.

Vanguard's IRA maintenance fees are low. Likely lower that what you are paying. Still a fee, but very low.

You don't incur an income tax if you simply change custodians of the account, i.e. by shifting to Vanguard. (Or Schwab, or any other low-cost provider.)

Vanguard costs average far less than 1%. What are you paying now?

Take the time to educate yourself. You seem to lack some of the basic information you need. Not trying to insult you, but this fact screams from what you say.

The Fool used to have a great short course on Foolish Investing, back before they became Wise. The best I see from The Fool now is this Vanguard still has a lot of helpful information.

Forget an advisor. Don't do ANYTHING until you feel capable of making all the decisions yourself.

Consider this board as well:

Count No'Count

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