stephenson
Thinks s/he gets paid by the post
- Joined
- Jul 3, 2009
- Messages
- 1,610
I am considering a partial surrender (the portions that are allowed without IRS penalty) .. amounts to about 35% of the total in my 401K.
Background on company's offerings: The company created various funds with management teams from major investment companies, and these have relatively low expenses- ex: US Equity fund is managed by Blackrock with expenses of 0.10%; US Small Caps managed by State Street Global with expenses of 0.11%, and State Street Global, Wellington and GMO with expenses of 0.54%. So, these aren't world class funds, but I do have the ability to buy/sell ETFs through a company sponsored brokerage account at Schwab.
I'm pretty well, but not perfectly balanced across the various tax deferred and traditional non-deferred components of my savings, etc.
No kids at home. No college expenses. One mortgage. Age 58. No job threats, etc. Potential to remain stable and employed for 5-10 more years.
I pre-emptively completed all the paperwork with Vanguard to do a partial - just haven't executed it, yet.
Questions I would appeciate some help with:
1. Should I roll that 35% to get it clear of the company?
2. If I roll, should i just rebalance a bit with ETFs as the basis?
3. Better options than Vanguard for management?
Thanks for your thoughts!
George
Background on company's offerings: The company created various funds with management teams from major investment companies, and these have relatively low expenses- ex: US Equity fund is managed by Blackrock with expenses of 0.10%; US Small Caps managed by State Street Global with expenses of 0.11%, and State Street Global, Wellington and GMO with expenses of 0.54%. So, these aren't world class funds, but I do have the ability to buy/sell ETFs through a company sponsored brokerage account at Schwab.
I'm pretty well, but not perfectly balanced across the various tax deferred and traditional non-deferred components of my savings, etc.
No kids at home. No college expenses. One mortgage. Age 58. No job threats, etc. Potential to remain stable and employed for 5-10 more years.
I pre-emptively completed all the paperwork with Vanguard to do a partial - just haven't executed it, yet.
Questions I would appeciate some help with:
1. Should I roll that 35% to get it clear of the company?
2. If I roll, should i just rebalance a bit with ETFs as the basis?
3. Better options than Vanguard for management?
Thanks for your thoughts!
George