Does FIDELITY have low fees like Vanguard?

[dooo42]

i can't use vanguard for my 403b so i think fidelity is my next best choice. are their fees just as low as vanguard? anyone have any experience with fidelity?

 

[LOL!]

Fidelity does offer a limited number of funds with low-expense ratios. You can go to your 403(b) web site and see if any of the Fidelity Spartan funds would be available for you.

Fidelity also has a brokerage which have free commissions on a small subset of exchange-traded funds. The brokerage option may not be available to you in your 403(b).

So the answer is really: It depends on your plan.

 

[samclem]

Everything LOL said. Fidelity is a fine company, and their Spartan funds have low costs. For most of their other funds, you'll find their costs to be higher than Vanguard.

 

[BigMoneyJim]

The only low-cost fund I have available in my Fidelity 401(K) is the Spartan 500. The others are quite high compared to my Vanguard funds. But since I have an IRA (rolled over from a previous company's 401(K)) I invest all new contributions into Spartan 500 and then occasionally rebalance my Vanguard IRA funds to maintain my target AA and avoid using the higher cost Fidelity funds.