mathewjmParticipantStatus: PhysicianPosts: 1Joined: 05/10/2019
I made a dumb mistake in that when i was in residency, I put my ROTH IRA funds into USAA mutual funds. They have okay performance but horrible fees. I’m glad that at least at that age I was investing, but it just wasnt in the best place IMO. I would like to consolidate my roth IRA from USAA to my current at Fidelity and exchange the shares from the USAA funds to vanguard (or anything else honestly). I could not find out the fees associated with this. My question is: should i suck up the poor investment choice and just let that specific roth ride itself out and focus on my new one or should I bite the bullet and transfer it and exchange, knowing their are associated feesMay 10, 2019 at 11:34 am MST #213698PedsParticipantStatus: PhysicianPosts: 4229Joined: 01/08/2016
If at fidelity buy fidelity funds. If you want Vanguard, move to Vanguard.May 10, 2019 at 11:36 am MST #213706DreamgiverParticipantStatus: PhysicianPosts: 837Joined: 03/09/2017
Transfer directly from Roth to Roth. Do not get a check made in your name. No fees for transferring. The. Buy whatever investment you want with itMay 10, 2019 at 1:22 pm MST #213715jacoavluModeratorStatus: Physician, Small Business OwnerPosts: 2273Joined: 03/01/2018
Just call Fidelity and tell them you want to rollover a Roth IRA. They’ll make it easy. Vanguard would do the same.
The Finance Buff's solo 401k contribution spreadsheet: https://goo.gl/6cZKVA