I have been searching the internet all day and haven't quite found an answer so I thought I would ask here.
I started with Merrill Lynch in 07/04 and have 92K in there "aggressive" mutual fund plan with ML and Pioneer funds for my Pretax(401k) as I am self employed. I am looking to start more after tax funds and finally starting to learn about the fees charged by mutual funds(sales load/expense ratio/etc) and Merrill Lynch ("management fees"). I am looking to transfer my pretax 92,000 to a few Vanguard funds and continue adding about 44k/year. Are there fees to transfer to the new funds? I remember that when I left my last job I was able to "role over" into my new accounts without any fees? Does that still hold true?
Thanks in advance for any advice.
jaerco
I started with Merrill Lynch in 07/04 and have 92K in there "aggressive" mutual fund plan with ML and Pioneer funds for my Pretax(401k) as I am self employed. I am looking to start more after tax funds and finally starting to learn about the fees charged by mutual funds(sales load/expense ratio/etc) and Merrill Lynch ("management fees"). I am looking to transfer my pretax 92,000 to a few Vanguard funds and continue adding about 44k/year. Are there fees to transfer to the new funds? I remember that when I left my last job I was able to "role over" into my new accounts without any fees? Does that still hold true?
Thanks in advance for any advice.
jaerco