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Message
Should I have any concern about a "share class change" of my retirement account?
Posted on 2/8/12 at 7:56 am
Posted on 2/8/12 at 7:56 am
quote:
The XXXX Index share class currently offered within your plan will change to a new share class within the month of February to a share class which has a lower expense ratio than the share class currently offered in your plan. The fund’s investment objective, strategies and risk remain the same.
Is there anything that I need to know about this besides my expense ratio is changing? TIA
2
Posted on 2/8/12 at 9:00 am to The Hamburglar
This is a good thing. Don't worry about it.
Posted on 2/8/12 at 9:30 am to Broke
Full fee disclosure is coming in a few months for qualified plans. Most providers with high fees are trying to reduce the sticker shock by changing to lower cost funds now.
Posted on 2/8/12 at 9:34 am to Broke
quote:
This is a good thing. Don't worry about it.
I had some Vanguard funds do this once I had them built up enough to jump up to Admiral.
A few more $100k and I'll be an OT Baller.
This post was edited on 2/8/12 at 9:35 am
Posted on 2/8/12 at 9:35 am to The Hamburglar
quote:positive, not negative
lower expense ratio
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