kannon
Recycles dryer sheets
Hello All -
My son recently started new job and finally getting good benefits, including a 401k. We will help him max out contributions to a Roth 401k plan.
We are helping him decide where to best invest. There are a variety of choices.
As an old TSP'er, I'm thinking retirement age type index account, 2050 or so, similar to the L Funds. T.Rowe Price offers a 2050 Target Date fund; the expense ratio would be about 1.26%. Now I'm use to the TSP really low expense ratio. Ouch!!
Two questions:
1) is this about an average expense ratio (know TSP is unusually low)?
2) is there an alternative to going with the company's 401k investment choices to move money into a Roth 401K (i.e., we have always used Vanguard for our IRAs).
Thanks
Kannon
My son recently started new job and finally getting good benefits, including a 401k. We will help him max out contributions to a Roth 401k plan.
We are helping him decide where to best invest. There are a variety of choices.
As an old TSP'er, I'm thinking retirement age type index account, 2050 or so, similar to the L Funds. T.Rowe Price offers a 2050 Target Date fund; the expense ratio would be about 1.26%. Now I'm use to the TSP really low expense ratio. Ouch!!
Two questions:
1) is this about an average expense ratio (know TSP is unusually low)?
2) is there an alternative to going with the company's 401k investment choices to move money into a Roth 401K (i.e., we have always used Vanguard for our IRAs).
Thanks
Kannon