travelover
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 31, 2007
- Messages
- 14,328
Hi, I just retired and Fidelity has been bugging me to roll over my 401(k), which they administered for my former employer, to an IRA with them.
My question is, "What is their motivation to get me to roll over the 401(k)? " Will I be picking up some fees that they will now collect, or are they just looking at an opportunity to sell me some investments that they'll make a profit from? I have the ability to stay in the 401(k) indefinitely, roll part of it or all of it at any time. Since I'm not 59 1/2, I recognize the advantage of keeping at least some of my investments in the 401(k) until I am older.
Any thought?
Thanks in advance.
My question is, "What is their motivation to get me to roll over the 401(k)? " Will I be picking up some fees that they will now collect, or are they just looking at an opportunity to sell me some investments that they'll make a profit from? I have the ability to stay in the 401(k) indefinitely, roll part of it or all of it at any time. Since I'm not 59 1/2, I recognize the advantage of keeping at least some of my investments in the 401(k) until I am older.
Any thought?
Thanks in advance.