By default, my money was going into the UC DCP, a tax-deferred account for UC employees managed by Fidelity. Now deductions from my check are mandatorily routed through UCRP, but the issue I have is a little over $2k in the DCP, which is invested in the UC Savings Fund by default. This fund is very conservative, and it's projected 10 year return is 2.71%.
Stats: 29 years old, nowhere near FIRE, paying down a little debt but not so much that I want to cashout and take the taxes and penalties on $2k. I do not own any other tax deferred accounts besides the DCP ($2k) and the UCRP ($5k) which I'm not allowed to touch until 31 days after termination of employment, which won't be for a few years.
No additional money is currently going into DCP. I am withholding voluntary contributions until cc debt is gone in a year or so.
I have to make two decisions:
1) keep in fidelity DCP, or move to fidelity 403b. Available investments are the same, can't see a huge difference between the accounts. However, a third option would be to rollover to a personal traditional IRA. I don't have one currently, but could start one.
2) which fund to invest in. The two available options that I saw that were most in line with the usual vanguard total index stocks and bonds were: FSKAX for stocks and FXSTX for bonds. These are fidelity spartan funds. If these suck, I can post a full list of available options. This decision would be a moot point if I'm advised to start an IRA instead, because i could start one anywhere and invest in anything that allows my starting balance.
Thanks for helping an investment noob.