Talk of The Villages Florida - View Single Post - Advice pls
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Old 12-17-2020, 09:16 PM
dadoiron dadoiron is offline
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Default An IRA move may cost you money

Quote:
Originally Posted by Rga20 View Post
Now that I've finally retired what do I do with my 401k. Don't anticipate needing the money but don't want to lose it either. Appreciate your inputs.
Our employer 401k had Fidelity with the best and lowest cost funds (.001) they negotiated. When I got here the Villages Fidelity talked me into converting to IRA saying it was the same. They said they are a fiduciary here. FYI they are not and their funds cost more $$$$$. Staying in your 401k may be your best move.

Check twice before you move it. You can't undo it.