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Reply to "Move 401K Funds out of Employer Account to IRA Managed by Advisor?"
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[quote=Anonymous]DH has about $3M in his 401K and is retiring soon. We have other investments managed by an advisor to whom we are paying .05% of assets under management, including my own IRA. Should we move the $3M out of the employer managed account into a new IRA managed by the advisor, i.e., would it be worth the .05% in expense to manage it? Or just leave it there? We are not familiar enough with the market to manage it ourselves.[/quote]
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