Skip to main content
No. of Recommendations: 0
My 22 yr old daughter is a student & working part time. She presently has the following accounts (none of the accounts have more than $500 in them)and I am wondering if she should consolidate all of them to one company and if so which would be the cheapest and best to go with:

Has a small IRA account with Morgan Stanley that was opened 3 years ago by grandparents.
Competitive Edge-(EDGBX)
Value-Added (VADBX)
$40 per year maintenance fee for both funds

Has a regular act with a few stocks with Charles Schwab from an old employer.
No fee

Her new employer originally offered her a 403B with Vanguard (no company match).
Total Stock MKT Index Fund (VTSMX)
$15.00 per year maintenance fee.

The employer just switched over to Fidelity 403B (no company match).
She would invest in their Sparan US Equity Index Fund
$12.00 per year maintenance fee

Fidelity is the cheapest, but is it the best? Would she be better off opening an IRA with Vanguard and having everything moved over to them and have them take out directly from her checking account? (That's $10 per year).
Print the post  


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.