Author Topic: AXA 401k - should I continue to contribute?  (Read 1225 times)


  • 5 O'Clock Shadow
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AXA 401k - should I continue to contribute?
« on: June 20, 2016, 06:57:31 AM »
I have a 401k at work with AXA and Iím wondering if it is worth continuing to contributing to it given the fees and the fact I have no employer match?

Currently have about $200,000 in a EQ/Intermediate Government Bond fund with fees of 0.72% (this is one of the cheapest funds on offer and Iím all bonds to minimize taxes).

Married and joint gross income is about $300,000 and like in Illinois.

So are the tax benefits worth continuing to contribute or am I better off saving in my vanguard account (muni bonds or total bond market)?
I have no intention of moving jobs so if there any way if I stop contributing to the 401k I can roll it over to my Vanguard IRA while I am working there or am I stuck with it in AXA until I leave my current employer?


  • Handlebar Stache
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Re: AXA 401k - should I continue to contribute?
« Reply #1 on: June 20, 2016, 07:13:51 AM »
Figure out how much the 401k is saving you in taxes. Is the loss of that tax benefit better than the fees?

Ask if you can do a rollover to an IRA while still employed there--some places allow this.

Better yet, ask for better investment options, or a new plan provider. If you're unhappy, you are probably not the only one. Send whoever makes the decisions this Last Week Tonight clip: