Tonnage
Cash: $ 0.00
Posts: 0
Joined: 13 Mar 2006
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I have recently left my employer and want to roll over my 401K to a traditional IRA. I would like to split it three ways, a third in a T Rowe Price fund, a third in a Vanguard fund and a third that I manage myself. Is this possible and if so how do I go about doing this?
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Mon Mar 13, 2006 10:42 pm |
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BlankenshipFP
Money Talk Advisor
Cash: $ 79.56
Posts: 390
Joined: 05 Oct 2004
Location: Illinois
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Another way to deal with this would be to establish your IRA at a low-cost brokerage and get your funds through the brokerage account. TD Ameritrade, eTrade, Schwab are some options you might consider.
This will save the paperwork associated with transferring to three separate custodians...
Hope this helps -
Jim Blankenship, CFP�, EA
Blankenship Financial Planning, Ltd.
www.BlankenshipFinancial.com
Standard IRS Circular 230 Notice Applies
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Wed Apr 05, 2006 4:43 pm |
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BlankenshipFP
Money Talk Advisor
Cash: $ 79.56
Posts: 390
Joined: 05 Oct 2004
Location: Illinois
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It's an often-overlooked option. The downside is if you're dollar-cost-averaging into the account, you have a transaction fee with each purchase, so you don't want to make a buy with a fifty-dollar contribution to the account, because your transaction fee will be 20% or more.
Jim Blankenship, CFP�, EA
Blankenship Financial Planning, Ltd.
www.BlankenshipFinancial.com
Standard IRS Circular 230 Notice Applies
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Wed Apr 05, 2006 8:27 pm |
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Rolo
Yo' Daddy
Cash: $ 309.70
Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
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Plenty of quality fee-free stuff out there.
Ditto Jim.
"Expect me when you see me."
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Thu Apr 06, 2006 12:51 am |
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