- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
401k
Posted on 2/6/24 at 1:00 pm
Posted on 2/6/24 at 1:00 pm
I have a 401k that my employer matches .50 on the dollar up to 6%. I also have a traditional IRA with Edward D Jones.
The gains on my 401k are not as good as the Edward Jones.
Would rolling from my 401k to the Edward Jones be something to look into?
I would obviously continue contributing to my employer 401k to take advantage of the match.
Thank you
The gains on my 401k are not as good as the Edward Jones.
Would rolling from my 401k to the Edward Jones be something to look into?
I would obviously continue contributing to my employer 401k to take advantage of the match.
Thank you
Posted on 2/6/24 at 1:01 pm to jake wade
Change what the funds in your 401k invests in.
Posted on 2/6/24 at 1:33 pm to jake wade
You have election options. Typically a low, med and high risk managed fund. Also, those will usually be broken out so you can specialize in different markets, ie SP500, small caps, etc.
Posted on 2/6/24 at 1:37 pm to jake wade
is your 401k with Fidelity?
What fund(s) are your $$ in with the 401k?
What fund(s) are your $$ in with the 401k?
This post was edited on 2/6/24 at 1:39 pm
Posted on 2/6/24 at 1:39 pm to jake wade
Most plans I have seen do not allow you to make distributions like this if you are still employed.
You should have your Edward Jones guy look at your 401k options and make recommendations.
You should have your Edward Jones guy look at your 401k options and make recommendations.
Posted on 2/6/24 at 1:42 pm to jake wade
Someone correct me if I’m wrong but many company sponsored 401k plans do not allow (or limit in some way) rollovers while you are still employed.
Your difference in returns is solely related to what your money is invested in (less any fees). Not at all related to what account the money is in (ie 401k vs IRA). Some 401ks have shitty, high fee mutual funds which may be contributing to low returns. Or maybe you’re in some bond fund which obviously will lag S&P.
Post what fund you’re invested in with your 401k, as well a what 401k fund options are available to you and ppl can chime in on suggestions.
Your difference in returns is solely related to what your money is invested in (less any fees). Not at all related to what account the money is in (ie 401k vs IRA). Some 401ks have shitty, high fee mutual funds which may be contributing to low returns. Or maybe you’re in some bond fund which obviously will lag S&P.
Post what fund you’re invested in with your 401k, as well a what 401k fund options are available to you and ppl can chime in on suggestions.
Posted on 2/6/24 at 1:49 pm to Naked Bootleg
Empower
Stock index fund 35.92%
US bond fund 19.70%
International stock fund. 14.05%
Large cap stock fund. 9.45%
Long bond fund. 9.45%
Emerging market stock fund. 8.15%
The real estate fund 3.28%
Stock index fund 35.92%
US bond fund 19.70%
International stock fund. 14.05%
Large cap stock fund. 9.45%
Long bond fund. 9.45%
Emerging market stock fund. 8.15%
The real estate fund 3.28%
Posted on 2/6/24 at 4:24 pm to jake wade
quote:
Empower Stock index fund 35.92% US bond fund 19.70% International stock fund. 14.05% Large cap stock fund. 9.45% Long bond fund. 9.45% Emerging market stock fund. 8.15% The real estate fund 3.28%
Are you on your last 10 years of working before retirement? I assume so. If so, that looks like a mix that will average you 9-10% returns annually, which is probably about right unless you are very conservative and looking more to preserve assets. If you are indeed within your last 10 years, are making 9-10% returns on average with that mix, and Edward Jones (with their total take of about 3% annually) is beating that, I’d guess your Edward Jones advisor has you invested way too aggressively.
Posted on 2/6/24 at 5:21 pm to jake wade
At the risk of downvotes into oblivion, talk to your EJ advisor. Ask him about fees between each option and consider whatever value you’re getting from him/her and decide from there.
Posted on 2/6/24 at 6:26 pm to auwaterfowler
Thanks to all. I very much appreciate the advice and taking the time to do so.
Very helpful to me.
Very helpful to me.
Popular
Back to top
Follow TigerDroppings for LSU Football News