Empower vs vanguard

#1

Hi Jeremy
I completed your course. Thank you so much it was very informative.
I have a question that I struggle To find answer for…
I currently have my Roth and traditional Ira in empower retirement since that’s where my former employer 401k was.
Few months ago (before Your course) I invested money in my traditional Ira into vanguard target date funds (which I pay 35$ fee now I know why :wink:)
My Roth IRA is sitting in cash, I know it’s not good.

Now my question is, if or why should I move my money from Empower to Vaguard ?

#2

In my opinion, yes you should rollover that old 401k to an IRA with Vanguard (or Fidelity, Schwab, etc).

Here’s an article explaining why!

Make sure all that cash is invested, and you shouldn’t be paying any transactional fees anymore! :slight_smile: