I spoke with each financial institution and there are no taxes or penalities for switching the only thing I can think of besides everything with one bank is that I'm switching from a loaded fund to no load funds.
I originally posted this in the new user forum but I thought I would get more responses in a place like this.
I currently have a roth IRA with American Funds and I was wondering if it would be a good idea to switch over to my bank USAA. I have searched the site for answers but I can't find...
I my name is wayne and I have been saving for retirement since I was 22, I currently have a little saved, but not as much as the average user here. I enlisted in the Navy when I was 17. I do save in TSP as well. I love the site and I can't wait to learn from everyone here.
I do have one...