Hey Jeremy
My 401k is vested and the investment is JP Morgan smart retirement 2050 fund. Expense ration is 0.29%. Should I switch this? Could I trade/buy without any penalties? I should also add I have a 2k loan on my 401k. Should I pay that off entirely or keep it as is which is paycheck deductions?
Hey @Jasmine_Nakasone!
That JP morgan target date fund looks pretty good. 0.29% is a pretty low expense ratio for a 401k. I would probably leave it, but you could look to see if your 401k offers even lower expense ratio index funds. Even if they do, I might leave it for simplicity. (But yes, you can trade as much as you want inside of your 401k without tax or penalty)
I’d pay that 401k loan off asap!