As step 1, pick the brokerage YOU want to use and transfer the non-plan accounts. E*TRADE is okay. I prefer Fidelity (or Schwab). Get the transfers started for all accounts except the 401k, defined benefit and cash balance plan accounts.
For the remainder (401k, defined benefit and cash balance), these are plans (not just accounts). As step 2, you are going to need to look into how to amend your plans to transfer them to another plan provider.
Don’t expect your financial advisor to do the transfer work or to do it quickly as it is not in his financial interest to do so.
For the remainder (401k, defined benefit and cash balance), these are plans (not just accounts). As step 2, you are going to need to look into how to amend your plans to transfer them to another plan provider.
Don’t expect your financial advisor to do the transfer work or to do it quickly as it is not in his financial interest to do so.
Statistics: Posted by HomeStretch — Wed Apr 17, 2024 5:48 am — Replies 9 — Views 558