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Minnesota

Randomthought

(1,046 posts)

20. rules on the 401k

Reply to progree (Reply #19)

Wed Oct 2, 2013, 09:01 AM

Oct 2013

the short answer is "no you can't roll it over" but there are some situations where you can.
http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/

It's all subjective. Some of our bond research people actually go look at institutions and make judgements based on is the place in good repair and clean; that can tell you a lot about the management. Obviously they look at debt and credit ratings but it's not all crunching numbers.
As to paying 1% or 2% of your assets many mutual funds like ours are no load. We do charge a service charge for small accounts. I don't remember the amount -under $10,000 but don't hold me to that. The service charge is small $15/ year.
i suspect that's the standard among no load funds but I haven't looked in to it.

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Does anyone have a socially conscious financial planner they can recommend ? [View all] annm4peace Sep 2013 OP

Start with a small portion of your money EgyptianDentist Sep 2013 #1

RBC Wealth Management, Vanguard, Google socially responsible investing; progree Sep 2013 #2

I agree with progree geardaddy Oct 2013 #25

thanks for the info.. annm4peace Sep 2013 #3

Sit Investment Randomthought Sep 2013 #4

"Consistently in the top ten Morningstar ratings" - what does that mean? (performance megapost) progree Oct 2013 #30

you work at RB Wealth ? annm4peace Sep 2013 #5

?? Randomthought Sep 2013 #6

I mentioned RB Wealth (Later: oops: RBC Wealth Management) progree Sep 2013 #7

RB Wealth Randomthought Sep 2013 #8

I think RBC is Royal Bank of Canada progree Sep 2013 #9

no UBS is not USBank Randomthought Oct 2013 #10

I did not say anywhere that U B S is US Bank. I asked if U S B was US Bank progree Oct 2013 #11

I just work in the industry so what do I know Randomthought Oct 2013 #12

So, tell us about your record, then. progree Oct 2013 #13

You're ethical and you look at research all day. OK, got it. n/t progree Oct 2013 #14

Two very similar names Randomthought Oct 2013 #15

I'm much more concerned that you "misread" #9. Please read #11 again. progree Oct 2013 #16

Uhh, no, she said she wants to reinvest her 401k too, not just her other savings progree Oct 2013 #17

I wouldn't move the 401 k either Randomthought Oct 2013 #18

401 k progree Oct 2013 #19

rules on the 401k Randomthought Oct 2013 #20

She's looking for a financial advisor, not just some no-load funds of her choice to buy on her own progree Oct 2013 #21

I don't work in mutual funds Randomthought Oct 2013 #22

I don't work in mutual funds either, but I have a browser and an Internet connection progree Oct 2013 #23

and you have more time Randomthought Oct 2013 #24

Is this anything????? glinda Oct 2013 #26

thanks everyone. I was just looking for a name annm4peace Oct 2013 #27

FWIW, just because a place advertises with AM950 ... SomeGuyInEagan Oct 2013 #28

I agree, and never said that was my only reason - see #11 where I responded to that point. n/t progree Oct 2013 #29

If I were younger and more energetic, roody Oct 2013 #31