Skip to main content
No. of Recommendations: 0
You don't have to roll it over to Vanguard. The broker managing the 401k may have a nice program for you, especially if it has a sizeable balance. You could also look at Scottrade or some broker that does not have an interest in selling you their particular family of funds.

Regardless, a Rollover to a Traditional IRA should not carry any transfer fees. You have to decide on investment options for the money, since you have to roll over the funds in cash. Except in the case of rolling over into a TIRA with the same broker as manages your 401k. When I did this with the FEWMNBN™ 401k and Fidelity, I was able to preserve my positions in 3 mutual funds that were closed to new investors. Had I rolled over to my Scottrade accounts, I would have lost opportunity to maintain those positions.

Fuskie
Who notes that the taxes would continue to be deferred until retirement distributions are taken in accordance with TIRA rules...
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.
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.