Hi everyone! I’ve completed the course (awesome by the way!) and I’m unsure if I should open a Roth IRA or continue adding money into my 403(b) Target Date Fund. I work for the University of California, and am already automatically enrolled in their retirement plan (UCRP). They don’t match, but after 5 years you become vested.
The expense ratio on the 403(b) is 0.03% (although at one point it was 0.07% so I’m not sure if this changed permanently or fluctuates) and there’s a quarterly administration charge of $8.25.
So my questions are:
Are those considered high fees for the 403(b) vs a Roth IRA?
Should I open a Roth IRA and invest in there before putting more money in my 403(b)?
I’m just trying to retire eaaarly Thanks!