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Fidelity charges zero account fees. I would move the Transamerica account to Fidelity and use that as a warehouse for your money. This new employer's 401K is less than ideal, but please don't let that preclude you from investing. Contribute, often, as much as you can, and early. While the fee will hinder you some, it will pale in comparison to just the ...


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Can someone please explain to me why a 401k administrator charges admin fees, while plenty of brokerages (Schwab, TDAm) don't charges admin fees for their non-retirement accounts Because there is paperwork involved, gobs and gobs of it, for a 401(k) account with multiple participants. As you mentioned you'll find non-retirement brokerage accounts, IRA ...


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For comparison, my ex-employer (401(k) still there) charges a fee on their S&P fund of .016% . If the decimal and % sign seem confusing, it's $160 per year, per million dollars. No other fee. the .07% is reasonable, the .5% suggests depositing to get the full match, but no more than that. To the edit, why do they charge an admin fee? I suspect it’s ...


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