limpid lizard
Recycles dryer sheets
- Joined
- May 26, 2007
- Messages
- 121
I rolled my pension into Vanguard. It is sitting in a MM acount pending decisions. My 401K remains with Fidelity. I can draw from my 401K without a 72T.
The investment options within my 401K are not as varied as they are at Vanguard and the costs are higher. I'd really rather move the money to Vanguard, but detest the idea of the 72T.
My question is twofold. Is the 72T something I should be terrified of? Does the idea of holding the funds in two accounts to avoid the 72T make sense?
I owe about 40K on a house with a value of about 165K. The is no other debt and there is about 200K at F and 400K at V.
I'm thinking compromise. Take the monthy needs monetary amount, multiply it by the amount of months until I am 59.5 and leave it at Fidelity. Transfer the rest of it to Vanguard.
My appointment with the Vanguard advisor is Monday 6/4, and I want to have this thought through before hand.
The investment options within my 401K are not as varied as they are at Vanguard and the costs are higher. I'd really rather move the money to Vanguard, but detest the idea of the 72T.
My question is twofold. Is the 72T something I should be terrified of? Does the idea of holding the funds in two accounts to avoid the 72T make sense?
I owe about 40K on a house with a value of about 165K. The is no other debt and there is about 200K at F and 400K at V.
I'm thinking compromise. Take the monthy needs monetary amount, multiply it by the amount of months until I am 59.5 and leave it at Fidelity. Transfer the rest of it to Vanguard.
My appointment with the Vanguard advisor is Monday 6/4, and I want to have this thought through before hand.