Td Ameritrade Rollover Ira
401K rollover – what IRA administor to choose?
I have changed job a few times over the past 10 years and have 3 401K accounts still w/ the former employers.
I’ve heard it’s better to consolidate the different 401K accounts. Need your expert opinion on which ones to choose –
Fidelity no fee IRA – stable/large w/ good fund choices
TD Ameritrade – option of investing in individual stocks
Anything else?
Thanks for your help!
an IRA is pretty much nothing more than a regular mutual fund that you designate as an “IRA” when you open the account. With that in mind, there are thousands and thousands of mutual funds available. One good place to start is by going to www.morningstar.com .
This is a website where you can search for mutual funds based on performance, type of investments, etc. Go to the “Funds” section and about 1/2 down the page you’ll see options to search for funds. You can select a lot of different criteria, depending on what’s important to you. Once you have decided on a fund, simply contact that contact and let them know you want to open up an IRA and have them send you the required paperwork (and depending on the fund, most have websites that and you can get the forms from their website). If you’re unsure, stick with some of the bigger names such as Fidelity, Vanguard, Dodge & Cox , etc. Just call them up and they’ll walk you through the process over the phone.
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