Hi,
This is my first post here, but I've read every article and constantly read the forums. Im asking this question on behalf of my mom, as I told here that I would help her out, but I don't really know much about employer sponsored retirement accounts as I've never had them available to me. She recently changed jobs. Now she is trying to figure out what to do with her 403b with her previous employer. She is 45 incase that affects her options.
What are some of her options available? Can she transfer her 403b with her previous employer into a 403b of her choice? Or does it have to transfer into another employer sponsored retirement account.
I think that she just wants to invest in mutual funds.(I am finding out for sure though) With that said, she should just transfer her account to vanguard? I use vanguard for my roth and they seem to get high remarks form the things I read. Is there any reason that she would want to move it to say fidelity or hartford? She did open an account with hartford through her new employer though.
Thanks for the help. I really appreciate the forum and the blog