I am a current medical resident and soon to be attending. My wife worked throughout residency but stopped after the birth of our son. She has been investing in her company retirement plan. They have a Roth option so we have contributed all money to their Roth 403b (with me in lower earning years as a resident). We will be moving and not going back to her current employer, and we’re not sure when she will resume working again (and if she does, likely will be part time). Her Roth 403b totaling ~$50k is currently at Fidelity in two excellent Institutional Premium funds, the S&P 500 (FXAIX, ER 0.015) and International Index (FSPSX, ER 0.045). However, her Roth IRA, and the rest of our money (my Roth, Taxable Account) are all at Vanguard. I’m trying to decide whether it makes sense to keep the money at Fidelity in her Roth 403b but not be able to make other contributions vs rolling it over to Roth IRA at Vanguard? Here are the ideas I’m wrestling with:
-ER at Fidelity Institutional Plus Shares are better than Vanguard Admiral Shares: favor Fidelity Roth 403b
-ER between Institutional Plus and Admiral shares is not THAT MUCH DIFFERENT (we’re not talking active vs passive funds for instance): favor Vanguard Roth IRA
-Inability to contribute further into the account: favor Vanguard Roth IRA
-All of our other money is at Vanguard: favor Vanguard Roth IRA
-Prefer TSM fund vs S&P500 (albeit minor difference): favor Vanguard Roth IRA
-Moderate amount of money in the account (50k is not incredibly small but also not huge either): tie
-Her future employer (whenever that may be) could use Fidelity for their workplace retirement account: Favor Fidelity Roth 403b
I would appreciate any and all thoughts.