raemart
Full Member
Cash: $ 18.90
Posts: 90
Joined: 03 Jun 2012
Location: USA
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| Changes in 401K |
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Hello Everyone, Every couple of years my company changes 401K providers because they gain something better I'm guessing??....... the admin charges were too high at one point; another time were offered more fund choices by another group; My earliest recollection, my 401K was with Prudential, then Wells Fargo and now they have gone to Fidelity. This was over about a 10 year period. They are in the move to Fidelity right now. Is this normal procedure to hop around like this? Seems like there would be large costs involved in these moves and changes??? Happy to see Fidelity come on because I know they have some good funds.
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Mon Feb 11, 2013 9:06 am |
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Anton Martin
Full Member
Cash: $ 15.00
Posts: 73
Joined: 23 Nov 2012
Location: Florida, USA
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| Refer To Your Financial Advisor |
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Well it is something good that your company is doing, you can ask your queries to handling authority of 401k plan or you can also ask it to 401k provider which is Fidelity right now. You can ask authority that why they are following this procedure so that things will be more clear to you also.
Last edited by Anton Martin on Tue Mar 19, 2013 12:20 pm; edited 2 times in total |
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Wed Feb 13, 2013 11:55 am |
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