Re: Question about fees
Most 403b's charge a percentage of assets to take your money out. In other words, we cant overcharge you for poor fund offerings anymore, so we're going to make sure we can get a little more skin off of you before you go.
The rollover to vanguard, if over the fund minimums, usually $3000, has no "other" costs outside of the very low expense fees listed on each fund.
When my wife leaves her job, I will roll her 403b out of the Lincoln account its in now directly to vanguard without hesitation. Even if it costs me as much as 5% of assets to do it.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.