(I'm sorry if this has been discussed before...if so, could someone send me to that thread?)
I just got an email today from Vanguard regarding the "new platform." I've gotten other notices from them but never made a move because I don't understand what I'm moving to.
So far, I've never done anything with my Vanguard 403b account other than make a shift to another slightly more conservative plan last year when I retired. I don't move things around there or (so far, anyway) need advice from anyone there.
Here's an excerpt. What do you think?
"Vanguard is working toward retiring its old investment platform, which is what you're using today. Please log on to vanguard.com and complete a 3-step transition to our new investment platform. It only takes a few minutes.
We're working toward the retirement of our old investment platform, which supports accounts that only hold Vanguard mutual funds. We'll continue to support clients on this old platform until it's retired from use in 2022 or earlier. But know that some of the features you've used in the past may not be available as we make updates and changes in the future.
We encourage you to transition to the new platform now because, going forward, all of our improvements and enhancements will be focused on the new platform only. So transitioning today will let you enjoy updates to the new brokerage platform, avoid any service disruptions on the old one, and give you access to some of our lowest-cost investments. If you choose to remain on the old platform, we'll notify you when we implement any service changes."
I just got an email today from Vanguard regarding the "new platform." I've gotten other notices from them but never made a move because I don't understand what I'm moving to.
So far, I've never done anything with my Vanguard 403b account other than make a shift to another slightly more conservative plan last year when I retired. I don't move things around there or (so far, anyway) need advice from anyone there.
Here's an excerpt. What do you think?
"Vanguard is working toward retiring its old investment platform, which is what you're using today. Please log on to vanguard.com and complete a 3-step transition to our new investment platform. It only takes a few minutes.
We're working toward the retirement of our old investment platform, which supports accounts that only hold Vanguard mutual funds. We'll continue to support clients on this old platform until it's retired from use in 2022 or earlier. But know that some of the features you've used in the past may not be available as we make updates and changes in the future.
We encourage you to transition to the new platform now because, going forward, all of our improvements and enhancements will be focused on the new platform only. So transitioning today will let you enjoy updates to the new brokerage platform, avoid any service disruptions on the old one, and give you access to some of our lowest-cost investments. If you choose to remain on the old platform, we'll notify you when we implement any service changes."
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