457 stay in it or move my money to Fedelity or Vangard
I just retired on the 18th. I have a good sum of money in my 457. They have some good funds and don't charge a bunch of money. I also have a pension so I'm not relying on this money to live on. Should I leave in in the ICMA RC or put it in a Fidelity account? Thanks Rick
Terry Says
As long as you are aware that you might need to be a bit more conservative in retirement, there is no problem leaving your money at your current employer in the 457 plan. But most workers plans have fairly aggressive stock fund choices, and few "safe havens|" which is why I always suggest a rollover to a low cost provider like Fidelity or Vanguard, where you can get more conservative fund choices.
