Green Jeans
Dryer sheet wannabe
- Joined
- Mar 28, 2006
- Messages
- 14
I am a 1811 CSRS retiree (age 52) who has money in the tsp and is clueless about options for general public. However, my brother, semi-retired at age 54 after years of self employment, has about $275 in an Ameriprise SEP IRA, about 2/3 equities, 1/3 fixed income. It has a management fee of 1.5% up from the original 1%. What would be the best way for him to get out from the loving embrace of AmEx and into a SEP IRA he can basically "self-mange"?
Recommendations? He doesn't need to dip into it for quite a few years probably, with the work he still does, and would like to see it outpace inflation, but also wants it in the "safe slow lane" for a while.
thanks
Recommendations? He doesn't need to dip into it for quite a few years probably, with the work he still does, and would like to see it outpace inflation, but also wants it in the "safe slow lane" for a while.
thanks